Announced Tue, 30 Jun · 17:53 IST
Promoters pledge 12.20% shares for subsidiary ICICI Bank loan
Ownership Changes View source PDF
MASTERTR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹75.50
prior close
₹75.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0——+1.0+1.3+1.1+0.9-1.2+6.4+20.7+13.2———
Up moveDown movePending
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.