SBICAP Trustee Company Releases 212,101 Pledged Shares of ICICI Bank Limited SBICAP Trustee Company Limited announced the release of 212,101 pledged shares of ICICI Bank Limited on March 27, 2026, as part of its regulatory disclosure obligations. The shares, which represented 0.0030% of the bank's total share capital, were previously held as security for Sky Gold and Diamond Limited. This transaction marks the complete unwinding of the pledge arrangement, leaving SBICAP with no encumbered shares in ICICI Bank. The disclosure was made on April 1, 2026, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The release of the shares, which were held in trust for Sky Gold and Diamond Limited, effectively removes the encumbrance from ICICI Bank's equity structure. Prior to the transaction, SBICAP Trustee Company held 212,101 shares as encumbered holdings, equivalent to 0.0030% of the bank's total and voting capital. Following the release, the company's holdings status shows no encumbered shares, with total holdings reduced to zero. The shares were part of the bank's equity share capital, which comprises 7,150,672,709 equity shares of Rs. 2 each, aggregating to Rs. 14,301,345,418. These shares are listed on both the BSE Limited and National Stock Exchange of India Limited. SBICAP Trustee Company, which operates as a trustee entity, held the shares in its capacity as security trustee for Sky Gold and Diamond Limited, the borrower in the underlying transaction. The company does not engage in direct lending or borrowing activities. The release of the shares signifies that the financial obligation tied to the pledge has been fulfilled by Sky Gold and Diamond Limited.#icici_bank #sebi_regulations #bse_limited #sbicap_trustee_company #sky_gold_and_diamond_limited
