BSEInsider Trading / SAST1 Oct 2026 · 1 Oct 2026, 01:10 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for CTL Trusteeship Ltd
Ajanta Pharma Ltd · 532331
✦ AI SummaryPledge
Ajanta Pharma Ltd has disclosed that CTL Trusteeship Ltd has pledged 92,53,718 shares of the company, representing 7.40% of the total equity capital, to secure the issuance of debentures worth INR 33,73,00,00,000 and INR 500,00,00,000.
Analysis Scores
Earnings Impact2/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Ajanta Pharma Ltd - 532331 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Attachments (1)
📄pdf
Download →
A162A8BA_13F4_45B5_9873_2CB7CC2B7881_131006.pdf
View document text
CTL/SAST/26-27/00244 September 30, 2026
1) National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla
Complex, Bandra (East),
Mumbai – 400051.
2) BSE Limited
Floor 25, P. J. Towers,
Dalal Street, Mumbai,
Mumbai – 400001.
3) Ajanta Pharma Limited
4) Ajanta Tower, 54-A,
M.V. Road, Chakala,
Andheri (East), Mumbai 400093
Dear Sir/Madam,
Sub: Disclosure pursuant to Regulation 29 (2) of the SEBI (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011 in relation to pledge of equity shares of Ajanta Pharma
Limited
Pursuant to the disclosure required to be made under Regulation 29(2) of the SEBI (Substantial Acquisition
of Shares and Takeovers) Regulations, 2011, please find attached the disclosure in respect of the additional
pledged equity shares of Ajanta Pharma Limited (“Target Company”) to secure the issuance of secured,
unlisted, redeemable and non-convertible debentures having face value of INR 10,00,000 (Indian Rupees Ten
Lakh) each aggregating up to INR 33,73,00,00,000 (Indian Rupees Three Thousand Three Hundred and
Seventy Three Crores) issued/ to be issued by Lenexis Foodworks Private Limited (“LFPL Debentures”)
and secured, unlisted, redeemable and non-convertible debentures having face value of INR 10,00,000 (Indian
Rupees Ten Lakh) each aggregating up to INR 500,00,00,000 (Indian Rupees Five Hundred Crore only) to be
issued by Inspira Realty 2 Private Limited (“IR2PL Debentures”) (the LFPL Debentures and the IR2PL
Debentures shall collectively be referred to as the “Debentures”) in favour of CTL Trusteeship Limited in
the capacity of common security trustee (“Common Security Trustee”) for the benefit of the debenture
trustee(s) of the Debentures and the respective Debenture holders.
Please take the same on record and disseminate the same.
For CTL Trusteeship Limited
Authorised Signatory
Name: Deesha Srikkanth
Designation: Senior Vice President
Place: Mumbai
Date: September 30, 2026
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
Ajanta Pharma Limited
Name of the Target Company (TC)
CTL Trusteeship Limited acting as Common
Name(s) of the acquirer and Persons Acting in Concert (PAC)
Security Trustee for the benefit of the debenture
with the acquirer
trustee(s) of the Debentures and the respective
Debenture holders
Whether the acquirer belongs to Promoter/Promoter group
BSE Limited
Name(s) of the Stock Exchange(s) where the shares of TC are
National Stock Exchange of India Limited
Listed
Number % w.r.t.total % w.r.t. total
share/voting diluted
Details of the acquisition / disposal as follows capital wherever share/voting
applicable(*) capital of the
TC (**)
Pledged Pledged shares: Pledged shares:
Before the acquisition/disposal under consideration, holding
shares: 5.31% 5.30%
66,32,651
Encumbered Encumbered
a) Shares carrying voting rights
Encumbere shares shares
b) Shares in the nature of encumbrance (pledge/ lien/
d shares (including (including
non-disposal undertaking/ others)
(including pledged pledged
c) Voting rights (VR) otherwise than by shares
pledged shares): shares):
d) Warrants/convertible securities/any other instrument shares): 13.54% 13.52%
that entitles the acquirer to receive shares carrying 1,69,12,924
voting rights in the T C (specify holding in each
category)
e) Total (a+b+c+d)
Check Note (1) below
Details of acquisition/sale:
a) Shares carrying voting rights acquired/sold
b) VRs acquired /sold otherwise than by shares
c) Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
Pledged
category) acquired/sold
shares: Pledged shares: Pledged shares:
d) Shares encumbered / invoked/released by the acquirer
26,21,067 2.10% 2.10%
e) Total (a+b+c+/-d)
Pledged Pledged Pledged shares:
After the acquisition/sale, holding of:
shares: shares: 7.40%
92,53,718 7.41%
a) Shares carrying voting rights
[Check Note
b) Shares encumbered with the acquirer
(2) below] Encumber Encumbered
c) VRs otherwise than by shares
ed shares shares
d) Warrants/convertible securities/any other instrument Encumbered (including (including
that entitles the acquirer to receive shares carrying shares pledged pledged shares):
voting rights in the TC (specify holding in each
(including shares): 13.53%
category) after acquisition
pledged 13.53%
e) Total (a+b+c+d) shares):
1,6332,924
Check Note (1) below [Check Note
(3) below]
By way of share pledge created over the equity
Mode of acquisition / sale (e.g. open market / off-market /
shares of the Target Company in favour of CTL
public issue / rights issue / preferential allotment / inter-se
Trusteeship Limited
transfer etc).
2161067 shares pledged on July 24, 2026 &
Date of acquisition / Release of shares / VR or date of receipt
460000 shares pledge on September 28, 2026
of intimation of allotment of shares, whichever is applicable
Rs. 24,98,71,248 (12,49,35,624 Equity shares
Equity share capital / total voting capital of the TC before the
having face value of Rs 2 each)
said acquisition / sale
Rs. 24,98,71,248 (12,49,35,624 Equity shares
Equity share capital/ total voting capital of the TC after the
having face value of Rs 2 each)
said acquisition / sale
Rs. 25,01,71,848 (12,50,85,924 Equity shares
Total diluted share/voting capital of the TC after the said
having face value of Rs 2 each)
acquisition
Note (1): Under the terms of the transaction documents entered in relation to the Debentures, Aayush Agrawal Trust,
Aayush Agrawal and Gabs Investments Private Limited have undertaken certain covenants which are in the nature of
‘encumbrance’ (as defined under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011) on all
the shares held by them in the Target Company.
Note (2): The pledge has been created over: (i) 6453718 shares of the Target Company by Aayush Agrawal Trust acting
though its trustee Aayush Agrawal; and (ii) 2770000 shares of the Target Company by Gabs Investment Private Limited;
and (iii) 30000 shares of the Target Company by Aayush Agrawal
Note (3): The total shares encumbered by way of covenant and pledge are: (i) 13532924 shares of the Target Company
by Aayush Agrawal Trust acting though its trustee Aayush Agrawal; and (ii) 2770000 shares of the Target Company
by Gabs Investment Private Limited; and (iii) 30000 shares of the Target Company by Aayush Agrawal
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock
Exchange under Clause 35 of the listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of
the outstanding convertible securities/warrants into equity shares of the TC.
Signature of the acquirer:
For CTL Trusteeship Limited
Authorised Signatory
Name: Deesha Srikkanth
Designation: Senior Vice President
Place: Mumbai
Date: September 30, 2026