Announced Tue, 30 Jun · 11:09 IST
Promoters pledge 55.91% shares to secure USD 500M loan facility
THELEELA · price
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Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹479.65
prior close
₹478.15
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+0.7+0.7+0.6+0.2-0.6-0.4+5.1+1.1+4.6+2.1———
Up moveDown movePending
AI summary
Promoters of Leela Palaces Hotels & Resorts have pledged 18.67 crore shares, equal to 55.91 percent of total share capital, via a shares pledge agreement dated 24 June 2026. Catalyst Trusteeship Ltd is acting as onshore security agent for lenders including Barclays, Deutsche Bank, Morgan Stanley, MUFG, Nomura, Standard Chartered and Sumitomo Mitsui, to secure a USD 500 million term loan facility. Promoters collectively hold 75.91 percent in the company.
Likely market impact
Large promoter pledge signals leveraged funding; default risk could pressure stock and trigger lender action on pledged shares.