Promoters pledge 1.5 crore shares as collateral for subsidiary loan
MASTERTR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 2.1 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Two promoters of Master Trust, Harjeet Singh Arora and Rajinder Kumar Singhania, each pledged 75 lakh equity shares in favour of ICICI Bank on June 30, 2026. The combined 1.5 crore pledged shares equal about 12.2 percent of paid-up capital. The pledge acts as collateral for a loan availed by the wholly owned subsidiary Master Capital Services Limited. Total promoter group holding remains at around 71.93 percent of the company, unchanged.
Pledge creation for subsidiary funding, not a stake sale. Promoter holding steady near 72 percent. Watch for any future pledge invocation.