Mac Charles Promoter Encumbers 51% Shares for Debt Trustee

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 total share capital. This action, effective July 29, 2026, is a pledge in favor of Catalyst Trusteeship Limited, acting as the common security trustee. The encumbrance is related to non-convertible debentures issued by Calatheas Developments Private Limited and is a covenant requiring repayment of 'Debt' if the promoter's holding in Mac Charles falls below 51%. This disclosure is made in compliance with SEBI (SAST) Regulations, 2011.