The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd
SADBHAV · price
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Catalyst Trusteeship Ltd, acting as Debenture Trustee for Sadbhav Gadag Highway Pvt Ltd, has disclosed the release of 1,00,63,495 equity shares of Sadbhav Engineering Ltd, representing 5.87% of the company's total share capital and 5.54% of the diluted share capital. Before the release, Catalyst Trusteeship held these shares purely as encumbrance (pledge/lien) with no direct voting rights. After the release, their entire holding stands at NIL. The acquirer is not part of the promoter/promoter group, and the release was carried out off-market. The date of release is January 30, 2026, and the disclosure was filed on February 3, 2026.
The release of pledged shares of this size (nearly 5.9% of the company) is a positive signal for shareholders, as it reduces the overall pledge burden on Sadbhav Engineering's shares. This can ease concerns about forced selling and may improve sentiment around the stock in the short term.