Announced Tue, 13 Oct, 2026 · 10:53 IST
65.65% of Hindustan Appliances shares pledged with CTL Trusteeship
Price
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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹76.65
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.2—————————
Up moveDown movePending
AI summary
CTL Trusteeship Ltd disclosed creation of a pledge over 65,82,000 equity shares (65.65%) of Hindustan Appliances Ltd under Reg 29(1) of SAST Regulations. CTL is acting as debenture trustee and security trustee on behalf of investors and is not part of the promoter group. The pledge was created on Oct 8, 2026. Total equity capital is 1,00,26,000 shares of Rs 10 each. This is a fresh encumbrance disclosed as acquisition of shares in the nature of encumbrance.
Likely market impact
Over 65% of company shares now encumbered as security for debentures or put options, raising risk of significant ownership shift if pledge is invoked.