SBICAP Trustee Company Limited Releases Pledge on Indian Hume Pipe Company Shares
SBICAP Trustee Company Limited (STCL) announced the release of a pledge on 1,16,94,995 shares of The Indian Hume Pipe Company Limited on March 24, 2026. The release was made in its capacity as Security Trustee.Prior to the release, STCL held 1,16,94,995 shares in the nature of encumbrance, representing 22.20% of the total share/voting capital and 22.20% of the diluted share/voting capital of The Indian Hume Pipe Company Limited. Following the release, STCL’s holding of encumbered shares is now nil.
The Indian Hume Pipe Company Limited's equity share capital stands at 5,26,81,770 shares of Rs. 2/- each, aggregating to Rs. 10,53,63,540. The figures are based on the shareholding pattern as of December 31, 2025, as reported to the stock exchanges.
STCL acts as a Security Trustee, holding securities on behalf of lenders and debenture holders, according to transaction documents. It does not engage in lending or borrowing activities.
| Detail | Value |
|---|---|
| Name of Target Company | The Indian Hume Pipe Company Limited |
| Acquirer/PAC | SBICAP Trustee Company Limited |
| Shares carrying voting rights (Before Release) | 1,16,94,995 |
| Shares in Nature of Encumbrance (Before Release) | 1,16,94,995 |
| % w.r.t. total diluted share/voting capital (Before Release) | 22.20% |
| Shares in Nature of Encumbrance (After Release) | NIL |
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