Disclosure with respect to Release of Pledge on Shares of the Company.
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Gayatri Highways Ltd has disclosed the release of pledge on 1,67,49,725 equity shares held by the Promoters. These shares were previously pledged with Catalyst Trusteeship Limited and have now been released. The disclosure was made under Regulation 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The promoter group, represented by T.V. Sandeep Kumar Reddy, submitted the disclosure on 20 May 2026. This indicates the promoters have fulfilled their obligations under the loan arrangements secured against these shares.
The release of pledge removes encumbrance on a significant portion of promoter shares, reducing the risk of forced selling. This is generally positive for shareholders as it signals financial stability and greater flexibility for promoters.