The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeshjip Ltd
TVSSCS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.0 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Catalyst Trusteeship Ltd, acting as Debenture Trustee for several institutional debenture holders (including OMERS, J.P. Morgan, Nippon India Credit, DSP Finance, Nomura Capital, Kotak Private Credit Fund, RV Capital, OCM Asia Credit and Jio Finance), has disclosed the creation of a pledge over 1.20 crore equity shares of TVS Supply Chain Solutions Ltd. This includes 70 lakh shares pledged on 11 April 2025 (which did not trigger disclosure at the time) and 50 lakh additional shares pledged on 8 December 2025. After this encumbrance, the total pledged/encumbered holding stands at 6.05 crore shares, or 13.71% of the company's share capital. The acquirer is not part of the promoter/promoter group. The disclosure has been filed because the cumulative encumbrance has now crossed the 10% reporting threshold under SEBI takeover regulations.
This is a pledge creation event tied to debenture borrowings, signalling that significant promoter/entity-level shares have been encumbered as collateral for institutional debt. Shareholders should monitor for any further encumbrance, invocation risk if security cover covenants are breached, or any change in the underlying pledgor's identity, as these could affect stock price sentiment and promoter holding disclosures.