Srei Equipment Finance invokes 2.08% stake in Eros International Media

Srei Equipment Finance has invoked 20 lakh pledged shares aggregating to 2.08% stake in Eros International Media.

“The company has invoked a pledge on the equity shares of Eros International Media as per the provisions of the pledge agreement dated July 3, 2017,” Srei Equipment Finance said in a regulatory filing.

Earlier stake

The pledge was invoked on July 9, 2013, it added. Srei Equipment Finance held 12.71% stake in Eros Media earlier, post invocation, it stands at 10.63%.

Shares of Eros Media were trading 2.30%  higher at Rs 26.65 apiece on BSE.