GMR Power Releases 12 Crore Pledged Shares, Encumbrance Reduced to Zero
GMR Power and Urban Infra Limited saw its share encumbrance reduced to zero after Catalyst Trusteeship Limited released 12,00,00,000 equity shares representing 15.36% of paid-up capital on June 02, 2026. The pledge, originally created by GMR Estate Management Private Limited, was discharged via an off-market transaction under SEBI Takeover Regulations. The company's total equity share capital remains at INR 390,50,87,645, comprising 78,10,17,529 shares at a face value of INR 5 each.

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GMR Power and Urban Infra Limited saw a significant reduction in share encumbrance after Catalyst Trusteeship Limited released 12,00,00,000 equity shares on June 02, 2026. The released shares represented 15.36% of the paid-up share capital, with the pledge originally created by GMR Estate Management Private Limited. The shares were held in favour of Catalyst Trusteeship Limited, acting as debenture trustee for debentures issued by GMR Sports Venture Private Limited. Following the release, the encumbrance on the share capital of GMR Power and Urban Infra Limited stands at zero.
The disclosure was submitted under Regulation 29(2) and 29(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Catalyst Trusteeship Limited clarified that it does not belong to the promoter or promoter group of the target company. The release was executed via an off-market transaction.
Shareholding Details
The filing detailed the status of shareholding before and after the release of the pledged shares. The equity shares released constituted 14.74% of the total diluted share/voting capital of the company.
| Particulars | Number of Shares | % of Share Capital | % of Diluted Share Capital |
|---|---|---|---|
| Before Release | |||
| Shares in nature of encumbrance | 12,00,00,000 | 15.36% | 14.74% |
| Transaction | |||
| Shares released | 12,00,00,000 | 15.36% | - |
| After Release | |||
| Shares encumbered | - | - | - |
Capital Structure
The total equity share capital of GMR Power and Urban Infra Limited remains unchanged at INR 390,50,87,645, divided into 78,10,17,529 equity shares with a face value of INR 5 each. The total diluted share/voting capital stands at INR 407,05,40,985, divided into 81,41,08,197 equity shares.
Historical Stock Returns for GMR Power & Urban Infra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.07% | -1.15% | +0.52% | -2.74% | -2.38% | +137.52% |
How will the elimination of share encumbrance impact GMR Power's credit rating and future borrowing costs?
Does this release signal the successful repayment or restructuring of debt by GMR Sports Venture Private Limited?
With zero encumbrance, is the promoter group now considering increasing its stake or selling shares in the open market?


































