Mac Charles India Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Embassy Property Developments, a promoter of Mac Charles (India) Limited, has released the encumbrance on 9,616,952 shares, representing 73.41% of the total share capital. This pledge release occurred on October 16, 2025. The shares were originally pledged as security for loans, including one for Rs. 187 Cr, taken by Embassy Property Developments and LJ-Victoria Properties Private Limited from Indiabulls Commercial Credit Limited, and for facilities from Indiabulls Housing Finance Limited. This significant release of promoter shares could enhance the company's financial flexibility and is generally viewed positively by investors.