Advent Hotels International Limited — Pledging, 26-08-2026: Pledge/Unpledge

Advent Hotels International Limited's promoter group, Neelkamal Tower Construction LLP, has unpledged 31.80 lakh equity shares. These shares, representing approximately 5.90% of the company's total share capital, were initially pledged as collateral for a loan taken by a group entity from HDFC Limited (now HDFC Bank). Following a corporate restructuring, the pledge was transferred to Advent Hotels shares. The borrower has now fully repaid the loan, resulting in these shares becoming free of encumbrance. This transaction significantly reduces the promoter group's pledged holdings, with their encumbered shares now standing at 10 lakh (approximately 1.85% of total share capital), a positive sign for investor confidence, signaling reduced financial risk for the promoter group.