SHOPERSTOPBSEShoppers Stop LtdMediumNeutral
Announced Sat, 30 Aug · 14:27 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 29, 2025 for Anbee Constructions LLP

Pledge ReleasedOwnership Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shoppers Stop promoter-group entities – Cape Trading LLP (12.13% stake), Anbee Constructions LLP (12.13%) and K Raheja Corp Pvt Ltd (3.92%) – together released an existing pledge on about 70.77 lakh shares (~6.43% of the company) on 25 Aug 2025, with IDBI Trusteeship Services (security trustee for HDFC Bank) releasing the encumbrance. In a linked transaction on 29 Aug 2025, a fresh pledge was created on exactly the same set of shares in favour of Aditya Birla Capital Ltd as collateral for a new facility taken from Aditya Birla Capital. No change in the underlying shareholding – the promoter group's equity stake remains intact, and the net pledged/encumbered position is unchanged at roughly 6.43% of total share capital. The disclosure was filed by Ravi C. Raheja (Designated Partner of Anbee Constructions LLP) under Regulation 31(1)/(2) of the SEBI Takeover Regulations. Other promoter entities (Casa Maria, Capstan Trading, Palm Shelter, Raghukool Estate, Neel Raheja, Ravi Raheja, Sumati Raheja) show no change and have no pledged shares.

Likely market impact

This is a routine refinancing swap of the promoter group's pledged shares from HDFC Bank to Aditya Birla Capital – net encumbrance and promoter stake are unchanged, so there is no material change to promoter control or financial stress. Investors should note the new lender relationship but no share-price or ownership impact is expected from this filing.