StockWatch
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Non Banking Financial Company (NBFC)
Shareholding7 Sept 2026, 03:44 pm

Money Masters: Promoters Pledge 7.07% Shares for Loan

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 (SAST) Regulations, 2011 and SEBI (PIT) Regulations, 2015.

Key Highlights

  • Promoters pledged 7.07% stake in Money Masters Leasing & Finance.
  • Pledge created in favor of Ms. Chinkita R. Agarwal.
  • Transaction is related to a loan and share encumbrance.
  • Disclosures filed under SEBI SAST and PIT regulations.
  • Total promoter holding after pledge is 33.85%.