Shareholding30 Jun 2026, 05:20 pm
Master Trust Ltd: Promoter Harjeet Singh Arora Releases 75 Lakh Shares from Pledge
AI Summary
Master Trust Ltd announced that Harjeet Singh Arora, a promoter, has released a pledge on 75,00,000 equity shares. This release pertains to shares held 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. The event signifies a reduction in encumbrance on promoter holdings.
Key Highlights
- Promoter Harjeet Singh Arora released 75,00,000 equity shares from pledge.
- Shares were collateral for a loan taken by a subsidiary, Master Capital Services Ltd.
- The release was made in favor of ICICI Bank Limited.
- Disclosure filed under SEBI (SAST) Regulations, 2011.
- This action reduces the encumbrance on promoter shareholding.
Price Impact
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