Assets Care Invokes Pledge Over Shares of VISA Chrome Ltd
Assets Care & Reconstruction Enterprise Limited (ACRE) has invoked a pledge over equity shares of VISA Chrome Limited (formerly known as VISA Steel Limited), following the entity's security for credit facilities. The action was completed on June 05, 2026.The invocation pertains to the shares pledged by Visa International Limited to ACRE. ACRE is acting in its capacity as sole trustee of numerous trusts, including ACRE-32-Trust, ACRE-42-Trust, and others, representing security receipt holders.ACRE has invoked the pledge over 23,787,833 equity shares of VISA Chrome Limited, which were held by Visa International Limited to secure credit facilities for the Target Company. As a...