Catalyst Trusteeship Ltd releases NDU on 3.68 million Wanbury Ltd shares
The debenture trustee freed 36.83 lakh Wanbury shares, equal to 10.54% of the company's equity, on 9 July 2026.
What Wanbury Ltd announced
Wanbury Ltd (BSE: 524212) disclosed that Catalyst Trusteeship Ltd, acting as the debenture trustee for its debenture holders, released a Non‑Disposal Undertaking (NDU) on 36,83,488 of Wanbury’s equity shares. The release represents 10.54 % of Wanbury’s total equity share capital. The filing, made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, was submitted to the stock exchanges on 13 July 2026.
Details of the NDU release
- Acquirer / Person Acting in Concert (PAC): Catalyst Trusteeship Ltd, in its capacity as debenture trustee for the benefit of debenture holders.
- Number of shares released: 36,83,488 shares (approximately 3.68 million shares).
- Percentage of total share capital: 10.54 % before the release; 0 % after the release.
- Date of release: 9 July 2026.
- Mode of acquisition/release: By way of release of NDU, i.e., the trustee removed the encumbrance that prevented the debenture holders from disposing of the shares.
- Equity share capital of Wanbury Ltd: 3,49,39,3980 shares of face value Rs 10 each (unchanged before and after the release).
"NDU released on 36,83,488 shares on July 09, 2026" – filing excerpt.
The filing shows that prior to the release, Catalyst Trusteeship Ltd held the shares as an encumbrance (non‑disposal undertaking). After the release, the trustee no longer holds any voting shares in Wanbury Ltd.
Key facts at a glance
| Detail | Value |
|---|---|
| Target company | Wanbury Ltd (BSE: 524212) |
| Acquirer / PAC | Catalyst Trusteeship Ltd (debenture trustee) |
| Shares released (NDU) | 36,83,488 shares |
| % of total equity capital released | 10.54 % |
| Post‑release holding | 0 % |
| Total equity share capital of Wanbury | 3,49,39,3980 shares (Rs 10 each) |
| Date of NDU release | 9 July 2026 |
| Filing date | 13 July 2026 |
| Regulation invoked | SEBI (SAST) Reg. 29(2), 2011 |
Why this matters for investors
The release of the NDU removes a restriction that previously prevented the debenture holders from selling or otherwise disposing of the 36.83 lakh Wanbury shares. From an investor’s perspective, the key implications are:
- No dilution: Since the shares were already issued and merely encumbered, their release does not increase the total number of shares outstanding.
- Potential increase in free‑float: The shares are now free of the non‑disposal undertaking, which could improve the liquidity of Wanbury’s stock if the debenture holders decide to sell.
- No change in control: Catalyst Trusteeship Ltd did not belong to the promoter group and, after the release, holds no voting stake, so there is no impact on the company’s control structure.
- Regulatory compliance: The filing satisfies SEBI’s requirement to disclose any substantial acquisition or release of shares, ensuring transparency for market participants.
Conclusion
Catalyst Trusteeship Ltd, acting as the debenture trustee, released its non‑disposal undertaking on 36.83 lakh Wanbury Ltd shares on 9 July 2026, representing 10.54 % of the company’s equity. The release leaves the trustee with no voting stake in Wanbury. The transaction was disclosed in a Regulation 29(2) filing on 13 July 2026, confirming compliance with SEBI’s takeover regulations. No further approvals or actions are pending from the company’s side regarding this specific release.
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