VENTIVEBSEVentive Hospitality LtdMediumNeutral
Announced Tue, 10 Feb · 17:25 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Deutsche Bank AG

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

Deutsche Bank AG (acting as agent and offshore security agent for a lender group of Barclays, Deutsche Bank London, HSBC, and JPMorgan) has disclosed the release of encumbrance over 52,104,896 equity shares (22.31% of the total share capital) of Ventive Hospitality Limited held by BRE Asia ICC Holdings Ltd (Mauritius). The release was executed on 6 February 2026 under a release agreement, formally freeing these shares from the security created in April 2025 in connection with a term loan facility availed by VH ML NQ Limited. The underlying shareholding remains unchanged — BREP-linked entities continue to collectively hold 75,570,046 shares (32.36%) of the company. Note that under the facility agreement, certain encumbrance-style covenants over the shares continue, as indicated in the filing.

Likely market impact

This is a release of formal pledge/charge, not a change in ownership — the BREP shareholder group still holds 32.36%. The release reduces encumbrance overhang on a large block of shares, giving the holders more flexibility (e.g., to sell, pledge elsewhere, or move shares), but covenants of similar nature continue under the loan agreement.