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Master Trust Promoters Encumber 5 Lakh Shares for Loan Collateral

Master Trust Promoters Encumber 5 Lakh Shares for Loan Collateral

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:


Total promoter holding:
Other promoter holdings include:
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.

For Master Trust Limited.

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Alpha Desk
first published: Aug 5, 2025 04:45 pm

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