StockWatch
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Non Banking Financial Company (NBFC)
Shareholding7 Sept 2026, 03:30 pm

Chinkita Agarwal Pledges 7.07% Stake in Money Masters Leasing

AI Summary

Chinkita R Agarwal has disclosed the creation of a pledge over 70,93,750 equity shares, representing 7.07% of Money Masters Leasing & Finance Limited's paid-up equity share capital. This encumbrance, effective September 3, 2026, was created in her favor by promoters Mr. Hozef Abdulhussain Darukhanawala and Mrs. Durriya Hozef Darukhanawala, and Duraiya Darukhanawala and Hozef Darukhanawala, as part of a loan transaction. The disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Following this, the total encumbered shares held by Chinkita R Agarwal amount to 3,39,77,370, constituting 33.85% of the company's total diluted share capital.

Key Highlights

  • Chinkita R Agarwal pledged 7.07% stake in Money Masters Leasing.
  • Pledge created on September 3, 2026, for a loan transaction.
  • Promoters are involved in the pledge arrangement.
  • Total encumbered shares now represent 33.85% of the company.
  • Disclosure filed under SEBI (SAST) Regulations, 2011.