Catalyst Trusteeship Secures 22.67% Stake in Orient Green Power as Pledge

1 min read     Updated on 03 Oct 2025, 04:26 PM
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Jubin VergheseScanX News Team
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Overview

Catalyst Trusteeship Limited received a pledge of 26,59,52,084 equity shares (22.67% stake) in Orient Green Power Company Limited from Janati Bio Power Private Limited. The pledge, dated September 30, 2025, serves as security for debenture holders. This transaction doesn't alter the company's ownership structure but represents a significant portion of shares used as collateral. The disclosure was made under SEBI regulations, with Catalyst Trusteeship not being part of Orient Green Power's promoter group.

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

Orient Green Power Company Limited , a company listed on both the BSE Limited and the National Stock Exchange of India Limited, has seen a significant pledge of its shares. Catalyst Trusteeship Limited, acting as a debenture trustee, has received a pledge of 26,59,52,084 equity shares, representing a 22.67% stake in the company.

Pledge Details

  • Pledgor: Janati Bio Power Private Limited
  • Pledge Date: September 30, 2025
  • Number of Shares Pledged: 26,59,52,084
  • Percentage of Total Share Capital: 22.67%
  • Purpose: Security for debenture holders

Company Overview

  • Total Equity Share Capital: INR 11,73,03,16,690
  • Number of Equity Shares: 1,17,30,31,669
  • Face Value per Share: INR 10

Regulatory Compliance

The disclosure was made under Regulation 29(1) read with Regulation 29(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Catalyst Trusteeship Limited, represented by Senior Vice President Deesha Srikkanth, filed the necessary documentation from Mumbai.

Key Points

  1. Catalyst Trusteeship Limited is not part of Orient Green Power's promoter group.
  2. The pledge is a security arrangement for debenture holders, not a direct acquisition of shares by Catalyst Trusteeship.
  3. The transaction does not alter Orient Green Power's ownership structure.
  4. This pledge represents a substantial portion of the company's shares being used as collateral.

Market Implications

While the ownership structure remains unchanged, the significant size of this pledge may be of interest to investors and market analysts. Stakeholders may want to monitor any potential impacts on Orient Green Power's financial strategies and obligations.

As of the reporting time, Orient Green Power's management has not issued any statement regarding this development. Investors are advised to stay informed about any future announcements from the company related to this pledge.

Historical Stock Returns for Orient Green Power

1 Day5 Days1 Month6 Months1 Year5 Years
+0.91%+0.38%-5.54%+5.64%-34.87%+682.35%
Orient Green Power
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Orient Green Power Promoter Pledges 1 Crore Shares for Loan Facility

1 min read     Updated on 25 Aug 2025, 06:24 PM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

Janati Bio Power Private Limited, a key promoter of Orient Green Power Company Limited (OGPCL), has pledged 1 crore shares (0.85% of total share capital) to secure a loan from SPV Finserve Private Limited. This increases their total pledged shares to 2 crore (1.70% of total share capital). Janati Bio Power holds a 24.38% stake in OGPCL. The company has made necessary disclosures to stock exchanges in compliance with SEBI regulations.

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

Orient Green Power Company Limited (OGPCL) has announced a significant development involving one of its promoters. Janati Bio Power Private Limited, a key promoter of OGPCL, has pledged 1 crore shares, representing 0.85% of the company's total share capital, to secure a loan facility from SPV Finserve Private Limited.

Details of the Pledge

The pledge transaction, which took place on August 22, marks an increase in the encumbered shares held by Janati Bio Power. Prior to this event, the promoter already had 1 crore shares pledged. With the addition of another 1 crore shares, the total number of encumbered shares has now reached 2 crore, accounting for 1.70% of OGPCL's total share capital.

Promoter's Stake

Janati Bio Power Private Limited holds a substantial stake in Orient Green Power Company Limited. The promoter owns 28,59,52,084 shares, which represents 24.38% of the company's total share capital. This recent pledge affects a portion of their holdings but does not significantly alter their overall ownership percentage in the company.

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations on substantial acquisition of shares and takeovers, Orient Green Power Company Limited has made the necessary disclosures to the stock exchanges. The company's Company Secretary and Compliance Officer, G Srinivasa Ramanujan, filed the intimation on August 25, ensuring transparency in the transaction.

Market Implications

While the pledge of shares by a promoter can sometimes raise concerns among investors, it's important to note that such transactions are common in the business world, often used to raise capital for various purposes. The impact of this development on Orient Green Power's stock price and investor sentiment remains to be seen.

Orient Green Power Company Limited continues to be listed on both the BSE Limited and the National Stock Exchange of India Limited. Investors and market watchers will likely keep a close eye on any further developments or disclosures from the company regarding this pledge and its potential implications for the company's operations and financial strategy.

Historical Stock Returns for Orient Green Power

1 Day5 Days1 Month6 Months1 Year5 Years
+0.91%+0.38%-5.54%+5.64%-34.87%+682.35%
Orient Green Power
View in Depthredirect
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