Ashok Leyland: Catalyst Trusteeship increases encumbered shares

Catalyst Trusteeship Limited disclosed an increase in encumbrance over Ashok Leyland shares, according to a filing with the BSE and National Stock Exchange of India on March 17, 2025. The disclosure, made pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals that the total number of encumbered shares now stands at 157,725,485, representing 5.38% of Ashok Leyland's total share/voting capital and total diluted share/voting capital. Previously, Catalyst Trusteeship Limited held 129,160,000 Ashok Leyland shares in encumbered form, representing 4.38%. The encumbrance was created to benefit certain lenders and other finance parties. Ashok Leyland's equity share capital/ total voting capital remains at 2,93,65,27,276 equity shares of Re. 1 each.