Promoters Pledge 26.78% of Money Masters Leasing & Finance Ltd Equity Shares
The promoters of Money Masters Leasing & Finance Limited have created a pledge on a significant portion of their equity share capital following a loan transaction. Chinkita R. Agarwal is the pledgee in this transaction.Mr. Hozef Abdulhussain Darukhanawala and Mrs. Durriya Hozef Darukhanawala, who are promoters of Money Masters Leasing & Finance Limited, pledged 268,83,620 equity shares of the company on June 9, 2026. The creation of the pledge constitutes a 26.78% stake of the paid up equity share capital of the company.
This action was taken pursuant to a loan transaction and details were recorded regarding the encumbrance on the shares.
Key Details of the Pledge Creation
The pledged securities represented the entire extent of the promoters' shares in this specific encumbrance. The following table outlines the shareholding before and after the creation of the pledge:| Metric | Before Pledge | After Pledge (Encumbered Shares) |
|---|---|---|
| Total Equity Shares | 10,03,82,290 Shares | 10,03,82,290 Shares |
| Shares in Nature of Encumbrance (Pledge) | Not Applicable | 26,883,620 Shares |
| Encumbered Stake | N/A | 26.78% |
The mode of acquisition for the pledged shares was specified as the Creation of Pledge. As per the transaction details provided on June 9, 2026, the total equity share capital and the total diluted share capital remained at 10,03,82,290 Equity Shares of Face Value of Re. 1/- Each both before and after the pledge creation.
Stock Price Movement
Money Masters Leasing & Finance Ltd shares are ticking up at ₹0.77, gaining 4.05% as of 14:19. The stock traded between an intraday 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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