Promoter creates indirect pledge on 47.02% of GTBL shares

Pledge Above 50pctPledge ReleasedOwnership Changes View source PDF

GUJTHEM · price

Loading chart…

▲ 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

-2.0%1-day move

₹366.55

prior close

—

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-2.0-1.7-0.7-3.1——————

Up moveDown movePending

AI summary

PBGIL, a promoter group entity holding 47.02% (5.12 crore shares) in GTBL, disclosed creation of indirect encumbrance on these shares via pledge and non-disposal undertaking on PBGIL own shares by Vividhmargi Investments in favour of CTL Trusteeship (Debenture Trustee for Kotak Credit Opportunities Fund). Encumbrance is 66.36% of promoter shareholding, amount Rs. 135 crore, for personal use by promoters. Also reported: release of direct pledge over 25.45 lakh GTBL shares on 8 July 2026 due to loan repayment.

Likely market impact

Significant indirect pledge on most promoter shares, funded for personal promoter use. Partial pledge released. Watch for invocation risk.