StockWatch
·
Non Banking Financial Company (NBFC)
Shareholding7 Sept 2026, 04:25 pm

Money Masters Leasing & Finance: Promoters Pledge 7.07% Shares

AI Summary

Money Masters Leasing & Finance Ltd has announced that its promoters, Mr. Hozef Abdulhussain Darukhanawala and Mrs. Durriya Hozef Darukhanawala, have created a pledge over 70,93,750 equity shares, representing 7.07% of the company's paid-up equity share capital. This pledge was created on September 3, 2026, in favor of Ms. Chinkita R. Agarwal, as part of a loan transaction. The company has received the necessary disclosures under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and SEBI (Prohibition of Insider Trading) Regulations, 2015.

Key Highlights

  • Promoters pledged 7.07% of company shares.
  • Pledge created in favor of Chinkita R. Agarwal.
  • Transaction is related to a loan.
  • Disclosures filed under SEBI SAST and PIT regulations.
  • Pledge executed on September 3, 2026.