Announced Sat, 20 Jun · 12:20 IST
Non-disposal undertaking over 50.69% shares of International Conveyors
INTLCONV · 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
-2.3%1-day move
₹83.60
prior close
₹84.28
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-0.7-0.5-1.2-2.3-1.0-2.4-3.5-5.2-5.9-4.0-8.5——
Up moveDown movePending
AI summary
CTL Trusteeship Ltd, acting as Debenture Trustee (not a promoter), disclosed a non-disposal undertaking over 3,23,30,080 shares (50.69%) of International Conveyors Ltd under a Debenture Trust Deed dated June 17, 2026 with IGE India Pvt Ltd. The encumbrance covers shares held by RCA Ltd (6.27 lakh), Amaranth Daksha Pvt Ltd (24.15 lakh), and IGE India Pvt Ltd (2.93 crore). No shares were bought or sold; this is a contractual lock-in of existing holdings.
Likely market impact
Over half the company's shares are now locked under debenture-related covenants, restricting free float and pointing to debt restructuring at the promoter group level.