Mac Charles India Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
Mac Charles (India) Limited disclosed a significant event: 51% of its equity shares, totaling 66,81,537 shares, have been pledged by EPDPL (an associate of Calatheas24) to Catalyst Trusteeship Limited. This pledge, effective from 29 July 2026, secures non-convertible debentures. A critical condition within the Debenture Trust Deed requires debenture repayment if EPDPL ceases to own or control at least 51% of Mac Charles (India) Limited. This covenant is a key financial disclosure, signaling potential implications tied to the company's control for investors. The company's total equity share capital is Rs. 13.10 Cr.
No comments yet. Be the first to comment!
