The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd
APOLLOTYRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Catalyst Trusteeship Limited, acting as security agent for lenders to Emerald Sage Investment Ltd, has disclosed the release of a pledge on 63,050,966 equity shares of Apollo Tyres Ltd, which represents 9.93% of the company's paid-up share capital. The release took place on 17 November 2025, after which Catalyst Trusteeship's holding came down to Nil. Catalyst Trusteeship is not part of the promoter/promoter group of Apollo Tyres. The disclosure is filed under SEBI Takeover Code Regulations 29(2) and 29(4).
This is a positive development as it reduces encumbrance on a significant chunk of Apollo Tyres' shares, potentially freeing them for sale or transfer. For shareholders, lower pledged shares generally signal reduced risk of forced selling or stake dilution.