IHP Finvest Limited Discloses Release of Pledge on Indian Hume Pipe Company Shares
Indian Hume Pipe Company Limited announced on March 25, 2026, that SBICAP Trustee Company Limited released a pledge on 1,16,94,995 equity shares of the company. The shares were previously pledged by IHP Finvest Limited, a promoter group company (holding company) of Indian Hume Pipe Company Limited, as collateral for working capital facilities.According to a filing, IHP Finvest Limited previously held 1,16,94,995 shares, representing 22.20% of the company’s total share/voting capital. Following the release of the pledge, IHP Finvest Limited’s holdings are now nil.
The Indian Hume Pipe Company Limited stated that it has satisfied the requirements of all its lenders, resulting in the release of the pledge. The company’s total equity share capital stands at 5,26,81,770 shares with a face value of ₹2 each, and a total paid-up capital of ₹10,53,63,540.
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