StockWatch
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Non Banking Financial Company (NBFC)
Shareholding7 Sept 2026, 03:47 pm

Money Masters Promoter Pledges 7.07% Shares for Loan

AI Summary

Money Masters Leasing & Finance Ltd has disclosed 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 encumbrance was executed on September 3, 2026, in favor of Ms. Chinkita R. Agarwal, pursuant to a loan transaction. The disclosures have been made in compliance with SEBI (SAST) Regulations, 2011 and SEBI (PIT) Regulations, 2015. The company has submitted the relevant forms to the exchange for record purposes.

Key Highlights

  • Promoters pledged 7.07% stake in Money Masters Leasing & Finance.
  • Encumbrance is for 70,93,750 equity shares.
  • Pledge created in favor of Ms. Chinkita R. Agarwal.
  • Transaction is related to a loan agreement.
  • Disclosures filed as per SEBI (SAST) and (PIT) Regulations.