StockWatch
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Non Banking Financial Company (NBFC)
Shareholding30 Jun 2026, 06:01 pm

Master Trust Promoter Pledges 75 Lakh Shares for Subsidiary Loan

AI Summary

Master Trust Limited's promoter, Harjeet Singh Arora, has disclosed the creation of a pledge on 75,00,000 equity shares. This encumbrance is in favor of ICICI Bank Limited, serving as collateral for a loan obtained by Master Capital Services Limited, a wholly-owned subsidiary of Master Trust Limited. The disclosure was made on June 30, 2026, in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The shares pledged represent a portion of Mr. Arora's total holding in the company.

Key Highlights

  • Promoter Harjeet Singh Arora pledged 75 lakh shares of Master Trust Ltd.
  • Pledge is collateral for a loan to subsidiary Master Capital Services Ltd.
  • Loan obtained from ICICI Bank Limited.
  • Disclosure made under SEBI Takeover Regulations.
  • Event pertains to shareholding and loan arrangements.