Super Tannery Limited Promoters Pledge 29.87% Stake with SBICAP Trustee Disclosure

2 min read     Updated on 04 Mar 2026, 12:05 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Four promoters of Super Tannery Limited have pledged 32,248,406 equity shares representing 29.87% of total share capital to SBICAP Trustee Company Limited as collateral for working capital financing. The pledge arrangement, valued at ₹21,12,27,059 with shares priced at ₹6.55 each, has been disclosed under SEBI regulations by both the promoters and the trustee company, ensuring comprehensive regulatory compliance.

34151717

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

Super Tannery Limited has announced that four of its promoters have pledged a substantial portion of their equity holdings as collateral for working capital financing arrangements. The formal disclosure was made under Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, with the documentation submitted to BSE Limited on March 3, 2026. Additionally, SBICAP Trustee Company Limited has filed a separate disclosure under Regulation 29(1) of the same regulations.

Promoter Share Pledge Details

The pledge transactions involved four key promoters who collectively encumbered 32,248,406 equity shares, representing 29.87% of the company's total share capital. The shares were pledged to SBI Overseas Branch Kanpur through its Trustee SBICAP Company Limited Mumbai on February 27, 2026, and March 2, 2026.

Promoter Name: Shares Pledged Percentage of Total Capital Pledge Date
Iftikharul Amin: 15,235,622 14.11% March 2, 2026
Iqbal Ahsan: 4,993,648 4.62% March 2, 2026
Ismat Iqbal: 11,130,555 10.31% February 27, 2026
Sophia Amin: 888,581 0.83% February 27, 2026
Total Pledged: 32,248,406 29.87% -

SBICAP Trustee Regulatory Disclosure

SBICAP Trustee Company Limited has filed a comprehensive disclosure under Regulation 29(1) of SEBI regulations, confirming the acquisition of encumbered shares. The trustee company, which had no prior holdings in Super Tannery Limited, now holds 32,248,406 pledged equity shares representing 29.87% of the total share capital.

Parameter: Before Acquisition After Acquisition
Shares Held: NIL NIL
Shares Encumbered: NIL 32,248,406 (29.87%)
Total Holdings: NIL 32,248,406 (29.87%)
Mode of Acquisition: - Pledge of Equity Shares

Share Capital Structure

According to the SBICAP Trustee disclosure, the pledged shares have a face value of ₹6.55 each, aggregating to ₹21,12,27,059. This differs from the earlier reported share capital structure, indicating updated valuation parameters for the pledge arrangement.

Parameter: Details
Pledged Shares: 32,248,406 equity shares
Face Value per Share: ₹6.55
Total Pledged Value: ₹21,12,27,059
Percentage of Total Capital: 29.87%
Stock Exchange Listed: BSE

Regulatory Compliance Framework

The dual disclosure approach ensures comprehensive regulatory compliance, with both the promoters filing under Regulation 31(2) and the trustee company filing under Regulation 29(1). SBICAP Trustee Company Limited, operating from its registered office in Mumbai and branch office in New Delhi, serves as the authorized trustee for SBI Overseas Branch Kanpur in this arrangement.

The documentation confirms that SBICAP Trustee Company Limited is not part of the promoter group and had no previous shareholding in Super Tannery Limited. The pledge arrangement represents a standard working capital financing structure with proper regulatory oversight and transparency measures in place.

Historical Stock Returns for Super Tannery

1 Day5 Days1 Month6 Months1 Year5 Years
-8.05%-12.57%-12.82%-30.46%-39.74%+103.70%

Tata Consumer Products Limited Earnings Call Scheduled for February 17, 2025

1 min read     Updated on 16 Feb 2026, 02:53 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

Tata Consumer Products Limited has announced its Q3FY25 earnings call scheduled for February 17, 2025, in compliance with SEBI Regulation 30. The call will provide investors and stakeholders with detailed insights into the company's quarterly financial performance and business developments.

32779415

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

Tata Consumer Products Limited has announced an earnings call scheduled for February 17, 2025, to discuss the company's financial performance for Q3FY25. The announcement comes as part of the company's regulatory compliance under Regulation 30 of the Securities and Exchange Board of India (SEBI).

Earnings Call Details

The upcoming earnings call will provide investors and stakeholders with insights into the company's Q3FY25 financial results. This quarterly disclosure is a standard practice for listed companies to maintain transparency and keep shareholders informed about business performance.

Parameter: Details
Earnings Call Date: February 17, 2025
Quarter Coverage: Q3FY25
Regulatory Framework: Regulation 30
Company: Tata Consumer Products Limited

Regulatory Compliance

The announcement has been made under Regulation 30 of SEBI regulations, which requires listed companies to disclose material events and information that could impact investor decisions. This regulation ensures that all stakeholders have access to relevant financial information in a timely manner.

Investor Engagement

The scheduled earnings call represents an important opportunity for investors, analysts, and other stakeholders to gain detailed insights into the company's quarterly performance. Such calls typically include management commentary on financial results, business developments, and responses to investor queries.

Historical Stock Returns for Super Tannery

1 Day5 Days1 Month6 Months1 Year5 Years
-8.05%-12.57%-12.82%-30.46%-39.74%+103.70%

More News on Super Tannery

1 Year Returns:-39.74%