SPSymbiotec Pharmalab544889Promoter pledge update

Revised Reg 31 disclosure: re-creation of pledge on promoter shares; lender and trustee named

Revised disclosure on encumbrance of promoter shares of Symbiotec Pharmalab.

By ScoutQuest · Fri 16 Oct 2026, 5:24 PM IST · 2 min read

Encumbrance type

Pledge - 're-creation of pledge' under Pledge Agreement dated December 10, 2025

Lender / Trustee named

Nomura Capital (India) Private Limited; Beacon Trusteeship Limited as Trustee

Satwani Holdings LLP shares encumbered

22,27,734 shares (3.47%)

Symbiotec Pharmalab has shared a revised disclosure on the encumbrance of shares held by its promoters and promoter group. The revision is a correction: the field 'Name of the entity in whose favor shares encumbered' now carries both the Lender and the Trustee, whereas the earlier disclosure shared on September 12, 2026 did not identify them in that field. The reporting date of the underlying events is September 11, 2026, and the revised disclosure is dated October 16, 2026.

Who is named

• Lender: Nomura Capital (India) Private Limited.
• Trustee: Beacon Trusteeship Limited, acting as Trustee on behalf of the Lender.

The promoter-side entries

• Anil Satwani: holding 28,10,896 shares (4.37% of total share capital); 4,50,896 shares (0.70%) shown as encumbered, creation dated September 8, 2026.
• Sushil Satwani: holding 12,33,938 shares (1.92%); 3,13,938 shares (0.49%), creation dated September 9, 2026.
• Kashish Satwani: holding 27,50,896 shares (4.28%); 5,00,896 shares (0.78%), creation dated September 8, 2026.
• Satwani Holdings LLP: holding 98,19,885 shares (15.28%); 22,27,734 shares (3.47%), creation dated September 8, 2026.
• Kashish and Anil Satwani Family Trust: holding 3,50,000 shares (0.54%); 3,50,000 shares (0.54%), creation dated September 10, 2026.

Type of encumbrance: Pledge

For each of the five entities the type of event is stated as 'creation' and the type of encumbrance as 'pledge'. The promoter holding already encumbered is shown as nil before the event, and the post-event encumbered holding equals the number of shares created. The stated reason in every case is a 're-creation of pledge' pursuant to a Pledge Agreement dated December 10, 2025, as amended from time to time, in connection with the security provided for debentures issued under a Debenture Trust Deed.

In simple terms

A pledge means promoter shares are placed as security in favour of a lender. The shares continue to be held in the promoter's name, but the lender has a right over them if the obligation they secure is not met. Here, the update describes the events as re-creation of a pledge under an existing agreement, with the shares serving as security for debentures issued under the Debenture Trust Deed, and it identifies both the lender and the trustee who acts for the lender.

What the disclosure tells a reader

• Which promoter and promoter-group entities have encumbered shares.
• The exact number of shares encumbered by each, and what that number is as a percentage of total share capital.
• The date on which each encumbrance was created.
• The entity in whose favour the shares are encumbered — now shown as the Lender and the Trustee on behalf of the Lender.

These are the details to track for changes in promoter-level encumbrance over time.

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