Wanbury releases 40.65% promoter pledge, cuts borrowing costs to sub 10%

1 min read Updated on 25 Jun 2026, 02:07 PM

Reviewed by

Riya DScanX News Team

AI Summary

Wanbury Limited released a pledge on 1.42 crore equity shares, representing 40.65% of its paid-up capital and 94.51% of the promoter group's holding, following a debt takeover by Axis Finance Limited and Poonawala Fincorp. The company also announced a reduction in borrowing costs to sub 10% per annum from July 1, 2026, down from 12.5%, to lower finance costs and support profitability.

*this image is generated using AI for illustrative purposes only.

Wanbury Limited has announced the release of a 40.65% equity share pledge held by its promoter group and a reduction in borrowing costs to sub 10% annually, effective July 1, 2026. These moves follow a debt takeover by Axis Finance Limited and Poonawala Fincorp, marking a shift in the company's financial structure and debt obligations.

Promoter Pledge Release

The pledge created on 1,42,03,818 equity shares, representing 40.65% of the company's paid-up equity share capital and 94.51% of the Promoter Group's holding, has been released. These shares were previously encumbered with Investec AIF and Tata Capital Limited. Following this release, only 5.49% of the Promoter Group's holding remains pledged with SBM towards working capital facilities.

Parameter	Details
Pledge Released	1,42,03,818 equity shares
Percentage of Paid-up Capital	40.65%
Percentage of Promoter Holding	94.51%
Remaining Pledged	5.49%

Borrowing Cost Reduction

Consequent to the refinancing arrangement, the company's borrowing costs will decrease to sub 10% per annum from July 1, 2026. This reduction from the previous rate of 12.5% per annum is expected to lower the finance cost of the company and support profitability in the periods ahead.

Parameter	Details
Revised Borrowing Cost	Sub 10% per annum
Previous Rate	12.5% per annum
Effective Date	July 1, 2026

Historical Stock Returns for Wanbury

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.70%	+2.39%	-3.21%	+14.94%	-1.53%	+182.84%

How will the significant reduction in promoter pledge risk impact institutional investor confidence and stock valuations?

What specific capital allocation strategies might Wanbury pursue with the savings generated from lower borrowing costs?

Could the improved financial structure facilitate potential inorganic growth opportunities or acquisitions?

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Wanbury promoter confirms no encumbrance for FY ended 31 Mar 2026

1 min read Updated on 20 Jun 2026, 10:17 AM

Reviewed by

Anirudha BScanX News Team

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Expert Chemicals (India) Private Limited, promoter of Wanbury, declared no encumbrance on shares for FY ended March 31, 2026, under SEBI Takeover Regulations. The confirmation covers direct and indirect holdings and was submitted to NSE, BSE, and the company's Audit Committee.

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Expert Chemicals (India) Private Limited, the promoter of Wanbury , has confirmed that it did not create any encumbrance on its shareholding during the financial year ended March 31, 2026. The declaration, submitted to the stock exchanges, ensures compliance with disclosure norms regarding substantial acquisition of shares and takeovers.

The confirmation was provided under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Expert Chemicals (India) Private Limited stated that neither it nor any persons acting in concert with it created any direct or indirect encumbrance during the specified period. Furthermore, the entity confirmed that no new encumbrances were established other than those previously disclosed to the authorities.

The filing, dated April 6, 2026, was addressed to the Listing Departments of the National Stock Exchange of India Limited and BSE Limited, as well as Wanbury's Audit Committee. The communication was signed by Sunil Vasudev Kotyankar, Director of Expert Chemicals (India) Private Limited.