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Anupam Rasayan promoter pledged shares to secure debt repayment for multiple entities
06-Oct-2026, 10:59

Anupam Rasayan India Limited disclosed that Mona Anandbhai Desai, a promoter of the company, has created and released pledges on shares as part of debt financing agreements. Desai initially pledged 14,60,625 equity shares, representing 1.28% of the company's share capital, to Catalyst Trusteeship Limited as security for non-convertible debentures issued by Mates Visa Consultancy Private Limited and Rehash Industrial and Resins Chemicals Private Limited. Subsequently, 7,00,000 shares were pledged to STCI Finance Limited and 19,80,000 shares to Aditya Birla Capital Limited, all for debt repayment purposes. The shares were released after the respective debts were repaid.