New Delhi, April 3 -- SBI Trustee Company Ltd (STCL) has informed the stock exchanges that it has released pledged shares of HDFC Bank and ICICI Bank, which were held in its favour as Security Trustee for Sky Gold and Diamonds.
The filings show that the pledged shares were released on March 27, 2026, and that SBI Trustee now holds no encumbered shares in either HDFC Bank or ICICI Bank after the release.
In simple terms, SBI Trustee was holding these shares as a security trustee on behalf of lenders in connection with Sky Gold and Diamonds. That means the shares were kept as security, and the latest filings only reflect that this security has now been released.
In the case of HDFC Bank, SBI Trustee had earlier held 2,52,356 shares under...
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