Promoters pledge 12.20% shares for subsidiary ICICI Bank loan

Ownership Changes View source PDF Explain this filing

MASTERTR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹75.50

prior close

₹75.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-1.1% vs market

Stockbroking & Allied peers, median of 38sector+1.2%-2.1% vs sector

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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.0

10m

+1.0

15m

+1.0

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9+0.2-1.1+1.2-2.1

Next day

+1.3+1.0+0.3+1.6-0.3

+1.1+0.7+0.4+2.6-1.5

+0.9+0.9-0.0+2.0-1.1

-1.2+0.2-1.4+1.1-2.3

+6.4-1.8+8.2+0.0+6.4

+20.7+1.4+19.2+2.4+18.2

15d

+13.2-0.6+13.8+0.7+12.5

+11.9+1.5+10.4-1.7+13.6

+7.8+4.5+3.3-1.7+9.6

+8.4+3.1+5.4-4.0+12.5

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 38Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoters Harjeet Singh Arora and Rajinder Kumar Singhania have created a pledge on 1.5 crore equity shares (12.20% of total share capital) of Master Trust Limited in favour of ICICI Bank. The pledge serves as collateral for a loan availed by the company's wholly owned subsidiary, Master Capital Services Limited. Each promoter pledged 75 lakh shares. Total promoter holding remains unchanged at 71.93%.

Likely market impact

Promoter ownership unchanged at 71.93% but 12.20% now encumbered as collateral for subsidiary loan; mild negative watch signal.