StockWatch
·
Non Banking Financial Company (NBFC)
Shareholding11 Jun 2026, 02:16 pm

Chinkita Agarwal Acquires 26.78% Stake in Money Masters via Pledge

AI Summary

Chinkita R Agarwal has acquired a 26.78% stake in Money Masters Leasing & Finance Limited through the creation of a pledge over 2,68,83,620 equity shares. This acquisition, effective June 9, 2026, was made in favor of Ms. Agarwal by promoters Mr. Hozef Abdulhussain Darukhanawala and Mrs. Durriya Hozef Darukhanawala as part of a loan transaction. The disclosure was made under SEBI (SAST) Regulations, 2011, and SEBI (PIT) Regulations, 2015.

Key Highlights

  • Chinkita R Agarwal gains 26.78% stake in Money Masters Leasing & Finance.
  • Stake acquired through pledge of 2,68,83,620 equity shares.
  • Transaction is part of a loan agreement between promoters and acquirer.
  • Disclosure made under SEBI (SAST) and SEBI (PIT) Regulations.
  • Promoters Mr. and Mrs. Darukhanawala created the pledge.