News Corporate Actions SBICAP Trustee Files Regulatory Disclosure for Amin Tannery Share PledgeSBICAP Trustee Files Regulatory Disclosure for Amin Tannery Share Pledge
SBICAP Trustee Company Limited has filed mandatory regulatory disclosure under SEBI regulations regarding the acquisition of 3,22,62,439 pledged shares in Amin Tannery Limited, representing 29.88% of total share capital. The pledge arrangement, executed on 06.02.2026, serves as collateral for Rs. 20.00 crore working capital financing through SBI Overseas Branch Kanpur.
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SBICAP Trustee Company Limited has filed a regulatory disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding the acquisition of pledged shares in Amin Tannery Limited. The disclosure, dated 09.02.2026, pertains to the pledge arrangement executed on 06.02.2026 involving 3,22,62,439 equity shares representing 29.88% of the company's total share capital.
Share Pledge Transaction Details
The pledge arrangement involves SBICAP Trustee Company Limited acquiring encumbered shares from promoter Veqarul Amin as collateral for working capital financing. The transaction was originally created on 06.02.2026 and subsequently disclosed to BSE Limited through formal regulatory filings.
| Transaction Parameter: | Details |
|---|---|
| Shares Pledged: | 3,22,62,439 equity shares |
| Percentage of Total Share Capital: | 29.88% |
| Date of Pledge Creation: | 06.02.2026 |
| SBICAP Disclosure Date: | 09.02.2026 |
| Acquirer Entity: | SBICAP Trustee Company Limited |
| Mode of Acquisition: | Pledge of Equity Shares |
| Working Capital Amount: | Rs. 20.00 crores |
SBICAP Trustee Shareholding Position
According to the regulatory disclosure, SBICAP Trustee Company Limited had no prior holding in Amin Tannery Limited before this acquisition. Post-acquisition, the trustee company holds 3,22,62,439 encumbered shares representing 29.88% of total share capital through the pledge arrangement.
| SBICAP Holdings: | Number of Shares | Percentage |
|---|---|---|
| Before Acquisition: | NIL | NIL |
| Shares Encumbered: | 3,22,62,439 | 29.88% |
| Total After Acquisition: | 3,22,62,439 | 29.88% |
| Voting Rights Otherwise: | NIL | NIL |
Company Share Capital Structure
The regulatory filing reveals updated share capital information showing 3,22,62,439 equity shares of Rs. 1.75 each, aggregating to Rs. 5,48,46,146.30. This represents the total equity share capital structure both before and after the pledge transaction, indicating no change in the company's overall share capital composition.
| Share Capital Details: | Amount/Number |
|---|---|
| Total Equity Shares: | 3,22,62,439 |
| Face Value per Share: | Rs. 1.75 |
| Total Share Capital Value: | Rs. 5,48,46,146.30 |
| Pledged Shares Value: | Rs. 5,48,46,146.30 |
Regulatory Compliance Framework
The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with SBICAP Trustee Company Limited filing the required documentation to BSE Limited. The trustee company, operating from its branch office in New Delhi and registered office in Mumbai, completed all mandatory regulatory requirements for substantial share acquisitions. The arrangement facilitates working capital financing through SBI Overseas Branch Kanpur, with SBICAP Trustee Company Limited Mumbai acting as the designated trustee for the Rs. 20.00 crore facility secured against the pledged equity shares.
Historical Stock Returns for Amin Tannery
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.82% | -5.26% | +3.18% | -20.20% | -34.15% | +84.09% |
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