Sundrop Brands Limited has informed the Exchange regarding 'Intimation of receipt of disclosure pursuant to Regulation 31 (1) of the Securitiesand Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011from the Promoter'.
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Sundrop Brands Limited has informed the exchanges that its promoter entity, CAG-Tech (Mauritius) Limited, has created an encumbrance through a non-disposal undertaking on an additional 18,81,073 equity shares that were acquired on December 23, 2025. With this latest encumbrance, 100% of the equity shares held by CAG-Tech (Mauritius) Limited in the company are now subject to encumbrance. The disclosure was received on December 30, 2025, under Regulation 31(1) of the SEBI Takeover Regulations. CAG-Tech (Mauritius) is the company's promoter entity.
All of the promoter's shares are now encumbered, which restricts the promoter from disposing of these shares until the undertaking is released. This is a notable corporate action that investors should monitor, as a fully encumbered promoter holding signals borrowing or financing arrangements and limits immediate share supply from the promoter.