Eureka Forbes: Additional 5.90% shares pledged by Lunolux to Catalyst Trusteeship

Ownership Changes View source PDF Explain this filing

EUREKAFORB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹448.10

prior close

₹447.55

announcement price

In-mkt

timing

Nifty Microcap 250market+1.1%-1.4% vs market

Household Appliances peers, median of 23sector-0.1%-0.2% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 0.2 pts less than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.0

15m

+0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4+1.1-1.4-0.1-0.2

Next day

+1.5+2.4-0.9+1.4+0.2

+2.5+2.9-0.3+0.2+2.3

+4.8+4.2+0.6+1.7+3.1

+2.0+4.6-2.5+2.1-0.1

+0.4+4.6-4.2+0.5-0.1

+0.9+4.4-3.5-0.2+1.0

15d

-7.4+5.7-13.1-0.4-7.0

-3.1+6.6-9.7+1.3-4.4

-18.9+5.4-24.3-9.3-9.6

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UpDownMarket · Nifty Microcap 250Sector · Household Appliances peers, median of 23Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Catalyst Trusteeship, acting as security agent for lenders to Lunolux Ltd, disclosed creation of an additional pledge over 1,14,18,729 shares (5.90%) of Eureka Forbes due to a collateral shortfall under the facility agreement. Total pledged shares now stand at 7,63,68,729, equal to 39.47% of paid-up capital and 36.63% of diluted capital. Catalyst holds no beneficial interest and is not part of the promoter group.

Likely market impact

Top-up pledge signals possible financial stress at major shareholder Lunolux, with about 39% of Eureka Forbes now encumbered to lenders.