The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vistra ITCL (India) Ltd
INNOVACAP · price
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Vistra ITCL (India) Ltd, acting solely as a Debenture/Security Trustee (not as a promoter), has filed a SEBI SAST disclosure for Innova Captab Ltd. The filing reports that 36,54,610 equity shares, representing 6.38% of the company's total share capital, have been pledged with Vistra ITCL as security trustee. Prior to this transaction, Vistra ITCL held NIL shares in Innova Captab. The mode of acquisition is listed as 'Pledge of equity shares,' meaning this is a creation of encumbrance, and the date of the pledge is March 11, 2026. The face value of the pledged shares is Rs. 10 each, aggregating to Rs. 3.65 crore in nominal value.
This is a pledge creation (not a buy or sell), so there is no change in ultimate beneficial ownership. However, it means 6.38% of Innova Captab's equity is now encumbered, which signals that some shareholder has raised debt against these shares. For retail investors, this is worth monitoring as a high pledge concentration can be a risk if the borrower defaults or is forced to sell.