Taj GVK Hotels & Resorts Limited has submitted to the Exchange a copy of Disclosure under regulation 2011, and SEBI (LODR) Regulations, 2015

Ownership Changes View source PDF Explain this filing

TAJGVK · price

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

-0.7%Reaction day

₹425.00

prior close

₹426.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-1.6% vs market

Hotels & Resorts peers, median of 54sector+0.6%-1.3% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.3 pts less than its Hotels & Resorts 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

+0.6

10m

+0.8

15m

+0.8

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7+0.9-1.6+0.6-1.3

Next day

-1.4+1.2-2.6-0.3-1.1

-1.6+0.5-2.2-0.6-1.1

-0.0+0.5-0.6+0.0-0.1

-1.4-1.4-0.0-2.0+0.5

-3.4-3.1-0.3-1.5-1.9

-3.2-3.6+0.4-2.8-0.4

15d

-16.7-9.0-7.7-7.1-9.6

-15.1-7.0-8.1-7.2-7.9

-19.4-7.8-11.6-10.8-8.6

-25.4-11.9-13.5-18.7-6.7

UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 54Pending

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

AI summary

Taj GVK Hotels & Resorts informed the exchanges that promoter group entities Moonshot Trust and Starlight Trust have pledged their equity shares in favour of 360 ONE Prime Limited as security for a term loan of Rs. 250 crore. The pledge was created on December 30, 2025, with 360 ONE Prime acting as the lender. Based on the disclosure, about 1.49 crore shares (23.75% of share capital) held by Starlight Trust and 1.17 crore shares (18.69%) held by Moonshot Trust have been encumbered. The combined pledged promoter holding works out to roughly 42.44% of the company's total share capital.

Likely market impact

This is a debt-funded move where promoters have used their equity stake as collateral to raise Rs. 250 crore, not a stake sale. The pledged portion is sizeable but stays below the 50% threshold, so there is no immediate red flag, though a sharp drop in share price could trigger margin call or invocation risks.