Sundrop Brands Promoter Expands Share Encumbrance to Cover Additional Holdings

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

Sundrop Brands Limited received additional disclosure from promoter CAG-TECH(MAURITIUS)LIMITED regarding creation of encumbrance on 18.81 lakh newly acquired shares through non-disposal undertaking. This follows earlier encumbrance of 12.79 million shares, bringing total promoter holdings to 100% encumbrance coverage under SEBI SAST regulations for OCA Fund III entities.

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

Latest Share Encumbrance Update

Following the earlier disclosure dated December 24, 2025, the company received another disclosure from its promoter entity on December 30, 2025, regarding creation of encumbrance on additional shares acquired recently.

Parameter: Latest Details
Additional Shares Encumbered: 18,81,073 shares
Acquisition Date: December 23, 2025
Encumbrance Type: Non-disposal undertaking
Total Promoter Holdings: 100% now encumbered
Security Trustee: Catalyst Trustee Limited

Complete Encumbrance Structure

The Mauritius-based promoter entity has now executed comprehensive non-disposal undertakings covering its entire shareholding in Sundrop Brands Limited.

Parameter: Complete Details
Initial Shares Encumbered: 12,785,449 shares
Additional Shares Encumbered: 18,81,073 shares
Total Coverage: 100% of promoter holdings
Security Trustee: Catalyst Trustee Limited
Beneficiary Entities: OCA Fund III Pte. Ltd. & OCA Fund III(B) Pte. Ltd.

Regulatory Compliance

The latest disclosure confirms that 100% of the equity shares held by CAG-TECH(MAURITIUS)LIMITED in the company are now subject to encumbrance. The formal disclosure was submitted to BSE Limited and National Stock Exchange of India Limited as per SEBI (SAST) Regulations requirements.

Corporate Information

Sundrop Brands Limited operates under Corporate Identity Number L15142TG1986PLC006957 with its registered office at Secunderabad, Telangana. The disclosure was signed by Kavita, Company Secretary and Compliance Officer, confirming receipt of the promoter's encumbrance notification.

The encumbrance arrangements represent standard corporate financing structures where promoter shareholdings serve as security for lending arrangements with the specified OCA Fund entities through the onshore security trustee mechanism.

Historical Stock Returns for Sundrop Brands

1 Day5 Days1 Month6 Months1 Year5 Years
-0.27%-4.73%-6.42%-23.20%-23.84%-20.64%
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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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*this image is generated using AI for illustrative purposes only.

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
-0.27%-4.73%-6.42%-23.20%-23.84%-20.64%
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