Shareholding30 Jun 2026, 03:52 pm
Master Trust Ltd: Promoter Harjeet Singh Arora Releases 75 Lakh Shares from Pledge
AI Summary
Master Trust Limited has announced the release of a pledge on 75,00,000 equity shares held by promoter Harjeet Singh Arora. This pledge was originally created as collateral for a loan taken by Master Capital Services Limited, a wholly-owned subsidiary, from ICICI Bank Limited. The disclosure was made on June 30, 2026, in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This event signifies a reduction in encumbrance on promoter holdings.
Key Highlights
- Promoter Harjeet Singh Arora released 75,00,000 shares from pledge.
- Pledge was collateral for a loan taken by a subsidiary.
- Disclosure made under SEBI Takeover Regulations.
- Reduces encumbrance on promoter's shareholding.
- Event date: June 30, 2026.
Price Impact
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