Chinkita R Agarwal Creates Pledge Over Equity Shares of Money Masters Leasing & Finance Limited
Chinkita R Agarwal has created a pledge over equity shares in Money Masters Leasing & Finance Limited, acquiring 26.78% of the paid-up equity share capital of the company. The encumbrance was established through a loan transaction involving Mr. Hozef Abdulhussain Darukhanawala and Mrs. Durriya Hozef Darukhanawala, promoters of Money Masters Leasing & Finance Limited.The transaction involves 2,68,83,620 equity shares held by Chinkita R Agarwal in conjunction with the company's promoters. This holding, which constitutes 26.78% of the total share capital, is designated as shares in the nature of encumbrance.
The details of this acquisition and subsequent pledge are summarized below:
| Metric | Details |
|---|---|
| Acquirer | Chinkita R Agarwal |
| Target Company | Money Masters Leasing & Finance Limited |
| Nature of Acquisition | Creation of Pledge (Encumbrance) |
| Pledged Shares (Total) | 2,68,83,620 |
| Percentage Held | 26.78% |
| Date of Intimation | June 9, 2026 |
Prior to the creation of the pledge, the combined holding by Chinkita R Agarwal and her associated persons was minimal. The shares were acquired by way of encumbrance in exchange for a loan transaction.
The total equity share capital of Money Masters Leasing & Finance Limited before the pledging event stood at 10,03,82,290 Equity Shares of Face Value of Re. 1/- Each. Following the creation of the pledge, the shares in the nature of encumbrance held by Chinkita R Agarwal remained fixed at 2,68,83,620 shares, representing 26.78% of the company's capital.
Stock Price Movement
As of 14:19, shares of Money Masters Leasing & Finance Ltd are ticking up significantly, currently trading at ₹0.77, reflecting a strong gain of 4.05%. During the market session, the stock navigated an intraday range, moving between a low of ₹0.73 and a high of ₹0.80.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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