NR Agarwal Industries Ltd

🔍 NR Agarwal Industries: Key Details on Promoters' Share Encumbrance

- Promoters involved: R N Agarwal, Reena Agarwal, Raunak Agarwal.

- Total promoter shareholding: 1,25,17,966 shares (73.55% of total share capital).

- Encumbered shares: 1,25,16,998 shares (73.55% of promoter shareholding).

- Encumbrance type: Non-Disposal Undertaking in favor of Axis Bank Limited.

- Value of shares under agreement: ₹618.84Cr.

- Amount involved (against which shares are encumbered): ₹112Cr.

- Ratio of share value to amount involved: 5.52.

- Purpose of encumbrance: For the benefit of the listed company against a Term Loan.

- Encumbrance date: 19/11/2025.