The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 29, 2025 for MBL A Capital Ltd
MBLINFRA · price
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Promoter entity MBL A Capital Ltd has created a pledge on 89,56,480 shares (5.87% of total share capital) of MBL Infrastructure Ltd on August 26, 2025. The shares were pledged in favour of SBICAP Trustee Company Ltd., acting on behalf of a working capital consortium of banks led by State Bank of India and including Punjab National Bank, Indian Overseas Bank, Bank of Maharashtra, and Bank of Baroda. Post this pledge creation, total encumbered promoter shares stand at 1,52,83,198 shares (10.02% of share capital). The promoter entity MBL A Capital Ltd holds 32,190,047 shares (21.10%) in the company. This is a revised disclosure submitted after the exchange raised a query on the original filing dated August 28, 2025.
Fresh pledging of promoter shares to secure working capital loans is a negative signal as it indicates the company/promoter is under funding pressure and reduces the free float of promoter-held shares. Shareholders should monitor for any further encumbrance or potential invocation of these pledged shares.