Key Transaction Details
GSP Crop Science Limited created a pledge on 15,43,500 Equity Shares held in its subsidiary GSP Intermediates Private Limited (GIPL) in favour of Aditya Birla Capital Limited on May 26, 2026.
Quantitative Details
- Total shareholding of Company in GIPL: 11,850,000 Equity Shares (79.00% of Paid-up share capital of GIPL)
- Number of shares pledged on May 26, 2026: 15,43,500 Equity Shares (13.03% out of the 79% shareholding)
- Number of shares already under pledge: 5,806,500 Equity Shares (49.00% out of the 79% shareholding)
- Total pledged shares after transaction: 7,350,000 Equity Shares (62.03% of Company's holding in GIPL)
Purpose and Impact
The pledge has been created as security in connection with the compliance of term loan availed by GIPL. The Company continues to hold 79% shareholding in GIPL and the transaction does not result in any change in control or ownership of the Subsidiary Company.