The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBICAP Trustee Company Ltd

Ownership Changes View source PDF Explain this filing

THELEELA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹423.30

prior close

₹417.30

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%-1.2% vs market

Hotels & Resorts peers, median of 52sector+0.8%-2.1% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Smallcap 250 and 2.1 pts less than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.0

15m

+0.1

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-0.1-1.2+0.8-2.1

Next day

-3.1-1.5-1.6-0.3-2.8

-5.4-1.9-3.5-1.6-3.8

-5.5-1.4-4.1-1.6-3.9

-3.1-2.1-1.0-1.5-1.6

-6.0-2.3-3.7-1.3-4.6

-7.0-3.6-3.4-3.0-4.0

15d

-3.2+0.8-4.0-2.4-0.8

+2.9+0.6+2.3-0.7+3.6

+1.0-5.3+6.3-4.5+5.5

-2.9-2.6-0.3-1.4-1.5

UpDownMarket · Nifty Smallcap 250Sector · Hotels & Resorts peers, median of 52Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SBICAP Trustee Company Ltd has disclosed the creation of a pledge over 10,01,87,364 equity shares (30% of the total share capital) of Schloss Bangalore Limited, the company that operates The Leela Palaces Hotels & Resorts. SBICAP Trustee is acting as Security Trustee for the benefit of a Lender and is not part of the promoter/promoter group. Before this disclosure, the trustee held NIL shares; after the pledge, it holds encumbered shares equivalent to 30% of voting capital. The transaction date/intimation is June 6, 2025, and the disclosure was filed on June 10, 2025. The total equity share capital of the company remains 33,39,57,878 shares of Rs. 10 each.

Likely market impact

This is a lender-side disclosure — shares have been pledged as security for a loan facility, not a change in promoter ownership or voting control. Shareholders should note the significant encumbrance on a large block of shares, which could become relevant if the borrower defaults on the loan.