Catalyst Trusteeship restructures pledge into NDU on Patel Engineering shares
PATELENG · price
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Catalyst Trusteeship Ltd, acting as Debenture Trustee, released 6,16,71,158 pledged shares (6.22% of capital) of Patel Engineering on Sept 17, 2026. Same number of shares came under a Non-Disposal Undertaking (NDU) on Sept 18, 2026 for Ms. Janky Patel (2.95%) and Praham India LLP (3.26%). Total encumbered holding remains unchanged at 26.31% (26,10,52,982 shares). The acquirer is not classified as a promoter.
Restructuring of encumbrance: pledged shares released and replaced with NDU on the same shares. Total encumbered stake unchanged at 26.31%, no net change in pledged level.