Nirlon Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

CSCGlobal Capital Markets (Singapore) Pte. Ltd., acting as security agent for Barclays Bank PLC, has disclosed the creation of an indirect security right over 10,545,558 shares of Nirlon Limited. These shares, representing approximately 11.7% of Nirlon's total share capital, are held by BSREP IV FPI Two Holdings. Villa Park Holdings, the parent of BSREP IV FPI Two Holdings, created this security right over its shares in the latter for the benefit of Barclays Bank PLC under a facilities agreement. Nirlon's total equity share capital is 90.12 Cr, consisting of 9,01,18,040 shares. This highlights a significant block of Nirlon's shares now serving as collateral.