Pledge on N.R. Agarwal Industries shares released

SBICAP Trustee Company Ltd. has reported the release of a pledge on 12,516,998 shares of N.R. Agarwal Industries Limited, acting as a security trustee. This represents 73.55% of the total share/voting capital and the total diluted share/voting capital of N.R. Agarwal Industries Limited. The disclosure, made on December 17, 2025, aligns with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The release of the pledge occurred on December 16, 2025. Prior to this event, SBICAP Trustee Company Ltd. held these shares in the nature of encumbrance, totaling 12,516,998 shares, which accounted for 73.55% of the company's capital. Following the release, the holding of shares encumbered with the acquirer is NIL.

N.R. Agarwal Industries Limited’s equity share capital before and after the release remains at 1,70,19,100 equity shares of INR 10 each, aggregating to INR 1,701,910,000, based on the BSE shareholding pattern as of September 30, 2025. The company’s shares are listed on both the Bombay Stock Exchange and the National Stock Exchange.