Mac Charles India: Promoter Encumbers 51% Stake

Embassy Property Developments Private Limited, a promoter of Mac Charles (India) Limited, has created an encumbrance over 66,81,537 equity shares, representing 51% of the company's total share capital. This action was taken on July 29, 2026, as part of a debenture trust deed dated July 24, 2026, involving Calatheas Developments Private Limited and Catalyst Trusteeship Limited. The encumbrance is in the nature of a pledge and is disclosed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Embassy Property Developments holds a total of 96,16,952 shares, constituting 73.41% of Mac Charles India's share capital.