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Corporate News

Lunolux Midco pledged shares in Eureka Forbes to CSCGlobal for a refinancing facility
07-Aug-2026, 08:05
Lunolux Limited disclosed to the BSE Limited and National Stock Exchange of India Limited that Lunolux Midco Limited, a promoter of Eureka Forbes Limited, has created a pledge over 121,041,730 equity shares, representing 62.55% of the total paid-up share capital, and an additional pledge over 11,418,729 equity shares, constituting 5.90% of the total paid-up share capital, as security for a facility availed by Lunolux. The pledges were made to CSCGlobal Capital Markets (Singapore) Pte. Ltd. acting as a security agent for lenders including Barclays Bank PLC, and the proceeds were used to refinance an existing term loan facility.