Master Trust Promoters Encumber 5 Lakh Shares for Loan Collateral
Master Trust Promoters Encumber 5 Lakh Shares for Loan Collateral
Alpha Desk
August 05, 2025 / 16:45 IST
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Master Trust (MASTERTR): Promoters Harjeet Singh Arora and Rajinder Kumar Singhania have encumbered 2,500,000 shares each, totaling 5,00,000 equity shares, according to a filing on August 5, 2025.
Number of Shares Encumbered% of Total Share CapitalType of EncumbranceReason for Encumbrance 25,00,0002.23%PledgeCollateral for loans to be availed by Master Capital Services Limited 25,00,0002.23%PledgeCollateral for loans to be availed by Master Capital Services Limited
Details of Encumbrance
Promoter Name
Mr. Harjeet Singh Arora
Mr. Rajinder Kumar Singhania
The encumbrance, by way of pledge, is in favor of ICICI Bank Limited as collateral for loans availed by Master Capital Services Limited, a wholly-owned subsidiary of Master Trust Limited.
Post encumbrance, revised holdings are:
Mr. Harjeet Singh Arora's encumbered shares post event: 30,00,000 shares, representing 2.67% of total share capital.
Mr. Rajinder Kumar Singhania's encumbered shares post event: 30,00,000 shares, representing 2.67% of total share capital.
Total promoter holding:
Mr. Harjeet Singh Arora holds 1,58,68,480 shares, representing 14.13% of the total share capital.
Mr. Rajinder Kumar Singhania holds 2,39,78,570 shares, representing 21.36% of the total share capital.
Other promoter holdings include:
Mrs. Harneesh Kaur holds 1,03,25,100 shares, representing 9.20% of the total share capital.
Mr. Jashanjyot Singh Arora holds 99,05,000 shares, representing 8.82% of the total share capital.
Mrs. Parveen O Singhania holds 39,74,973 shares, representing 3.54% of the total share capital.
Mrs. Palka Arora holds 25,00,000 shares, representing 2.23% of the total share capital.
Mr. Chirag Singhania holds 5,50,000 shares, representing 0.49% of the total share capital.
Mrs. Rohila Singhania holds 4,60,000 shares, representing 0.41% of the total share capital.
Mrs. Priyanka Thukral holds 2,50,000 shares, representing 0.22% of the total share capital.
Collectively, the promoters hold 7,77,37,120 shares, representing 69.24% of the total share capital. Out of these, 60,00,000 shares, or 5.34% of the total share capital, are encumbered.
