Sundrop Brands Promoter Creates Encumbrance on 33.92% Shareholding Under SEBI SAST Regulations

1 min read     Updated on 26 Dec 2025, 12:05 PM
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Reviewed by
Radhika SScanX News Team
Overview

CAG-TECH(MAURITIUS)LIMITED has created encumbrance on 12,785,449 shares (33.92%) of Sundrop Brands Limited through a non-disposal undertaking in favor of Catalyst Trustee Limited. The arrangement benefits OCA Fund III entities and covers 100% of promoter group holdings, with disclosure made on December 23, 2025, under SEBI SAST regulations.

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CAG-TECH(MAURITIUS)LIMITED, the promoter of Sundrop Brands Limited (formerly known as AgroTech Foods Limited), has disclosed the creation of encumbrance on its shareholding under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Encumbrance Details

The Mauritius-based promoter entity has executed a non-disposal undertaking in favor of Catalyst Trustee Limited, an onshore security trustee, covering a significant portion of its shareholding in Sundrop Brands Limited.

Parameter: Details
Shares Encumbered: 12,785,449 shares
Percentage of Total: 33.92%
Security Trustee: Catalyst Trustee Limited
Encumbrance Type: Non-disposal undertaking
Coverage: 100% of promoter group holdings

Lender Entities

The non-disposal undertaking has been created for the benefit of two specific lender entities:

  • OCA Fund III Pte. Ltd.
  • OCA Fund III(B) Pte. Ltd.

Both entities are represented through the onshore security trustee arrangement with Catalyst Trustee Limited.

Regulatory Compliance

The disclosure represents 100% of the issued and outstanding shares of Sundrop Brands Limited held by the promoter and promoter group entities. CAG-TECH(MAURITIUS)LIMITED confirmed that the disclosure was made within the prescribed timeline under SEBI (SAST) Regulations, 2011.

The formal disclosure was submitted to BSE Limited, National Stock Exchange of India Limited, and the company secretary of Sundrop Brands Limited on December 23, 2025, by Faatimah Khodadeen, Director of CAG-TECH(MAURITIUS)LIMITED, from Mauritius.

Corporate Background

Sundrop Brands Limited, formerly known as AgroTech Foods Limited, operates under Corporate Identity Number L15142TG1986PLC006957. The encumbrance creation follows standard corporate financing arrangements where promoter shareholdings are pledged as security for lending arrangements.

Historical Stock Returns for Sundrop Brands

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CAG-Tech Increases Sundrop Brands Stake to 38.91% Through Off-Market Acquisition

1 min read     Updated on 24 Dec 2025, 06:00 PM
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Reviewed by
Shriram SScanX News Team
Overview

CAG-Tech (Mauritius) Limited has increased its stake in Sundrop Brands Limited to 38.91% through the acquisition of 1,881,073 additional shares representing 4.99% of total share capital. The off-market transaction was completed on December 23 with regulatory disclosure filed under SEBI takeover regulations on December 24.

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Sundrop Brands Limited has disclosed that its promoter entity CAG-Tech (Mauritius) Limited has acquired additional shares, increasing its total shareholding to 38.91%. The acquisition was completed through an off-market transaction on December 23, with regulatory disclosure filed on December 24.

Share Acquisition Details

CAG-Tech (Mauritius) Limited acquired 1,881,073 equity shares representing 4.99% of the total share capital through off-market acquisition. The transaction was executed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Parameters: Details
Shares Acquired: 1,881,073 shares
Acquisition Percentage: 4.99%
Acquisition Method: Off-market acquisition
Transaction Date: December 23
Disclosure Date: December 24

Updated Shareholding Structure

Following the latest acquisition, CAG-Tech (Mauritius) Limited's total shareholding in Sundrop Brands Limited has increased significantly. The promoter entity now holds 14,666,522 shares, representing 38.91% of the total equity share capital with voting rights of 37.45%.

Shareholding Details: Before Acquisition After Acquisition
Total Shares Held: 12,785,449 14,666,522
Percentage Holding: 33.92% 38.91%
Voting Rights Percentage: 32.64% 37.45%

Company Structure and Compliance

The disclosure was made pursuant to regulatory requirements under SEBI takeover regulations. Sundrop Brands Limited, formerly known as Agro Tech Foods Limited, maintains its total equity share capital at 3,76,96,853 shares, while the total diluted share capital stands at 3,91,65,764 shares.

Company Details: Specifications
Total Equity Share Capital: 3,76,96,853 shares
Total Diluted Share Capital: 3,91,65,764 shares
Stock Exchange Listings: NSE and BSE
Acquirer PAN: AACCC9344C

The company operates under Corporate Identity Number L15142TG1986PLC006957 and is listed on both National Stock Exchange of India Limited and BSE Limited. CAG-Tech (Mauritius) Limited is based at 6th Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauritius.

Historical Stock Returns for Sundrop Brands

1 Day5 Days1 Month6 Months1 Year5 Years
-0.44%-2.55%-6.69%-17.61%-23.06%-15.28%
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