TANFAC Industries Ltd

🔒 Anupam Rasayan Encumbers 25.8% Stake in TANFAC Industries as Security for $20M Debt

• Anupam Rasayan created encumbrance on 2,573,081 TANFAC shares (25.80% of total capital) on February 20, 2026

• Shares valued at approximately ₹1,106.50 crore (₹11,065,022,224.30)

• Encumbrance serves as security for $20M senior secured notes issued by Luxembourg subsidiary Doriath S.À R.L.

• Post-encumbrance, 49.79% of total promoter shareholding in TANFAC is now encumbered

• TANFAC's equity shares (face value ₹10) are pending subdivision into ₹5 shares, approved in Jan-Feb 2026