Announced Fri, 7 Aug · 19:09 IST
Promoter Lunolux creates additional 5.9 percent pledge on Eureka Forbes shares
EUREKAFORB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹450.05
prior close
₹450.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.2-0.2-0.3+0.4+0.7-1.3-1.9-4.1-6.9————
Up moveDown movePending
AI summary
Lunolux Limited, Eureka Forbes promoter with 62.55 percent stake, created an additional pledge of 1.14 crore shares (5.90 percent of capital) on July 28, 2026 to Catalyst Trusteeship, security agent for Barclays and MUFG lenders. Promoter full 12.10 crore shareholding is now encumbered, above 50 percent threshold. Funds were used to refinance existing debt facility.
Likely market impact
Full promoter stake now encumbered with lenders; raises risk of lender intervention if refinanced facility faces stress.