Apollo Tyres , a leading tire manufacturer, has reported a significant corporate action involving one of its shareholders. Emerald Sage Investment Ltd has pledged a substantial portion of its holdings in the company. Here are the key details of this development:

Pledge Details

Impact on Share Capital

The pledge creation does not alter Apollo Tyres' total equity share capital, which remains at INR 63,51,00,946.

Implications

This pledge of shares by Emerald Sage Investment Ltd could be part of a financing arrangement, potentially indicating:

1. Leveraging of assets by the investment firm
2. Possible fundraising activity or loan security

It's important to note that share pledging is a common practice and doesn't necessarily imply any immediate change in the company's operations or ownership structure.

Regulatory Compliance

The disclosure of this pledge aligns with the regulatory requirements set by the Securities and Exchange Board of India (SEBI), ensuring transparency for all stakeholders.

Investors and market participants are advised to monitor any further developments or disclosures related to this pledge, as it involves a significant portion of Apollo Tyres' equity.

Apollo Tyres announced that Catalyst Trusteeship Limited has released its pledge on 63,050,966 equity shares of the company, representing 9.93% of the paid-up share capital. This development occurred on November 17, 2025, as disclosed in a regulatory filing.

Key Details of the Pledge Release

The pledge was originally created by Emerald Sage Investment Ltd in favor of Catalyst Trusteeship, which acted as the security agent for certain lenders. These lenders included overseas banks and entities eligible to obtain the benefit of the pledge under applicable Reserve Bank of India guidelines.

Impact on Shareholding

Following the release of the pledge, Catalyst Trusteeship's holding in Apollo Tyres has been reduced to nil. This move effectively eliminates the encumbrance on these shares, potentially impacting the ownership structure and voting rights associated with this significant portion of Apollo Tyres' equity.

Regulatory Compliance

The disclosure was made under Regulation 29(2) & 29(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulatory filing ensures transparency in significant changes to share pledges and ownership structures of listed companies.

Company Background

Apollo Tyres, listed on both the BSE Limited and National Stock Exchange of India Limited, maintains its equity share capital at INR 63,51,00,946. This figure remains unchanged both before and after the release of the pledge, indicating no immediate impact on the company's capital structure.