Master Trust Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was filed with BSE Limited and National Stock Exchange of India Ltd on April 3, 2026, by Company Secretary and Compliance Officer Vikas Gupta.

Regulatory Filing Details

The submission includes a certificate received from M/s. Skyline Financial Services Private Limited, the company's Registrar and Share Transfer Agent. This quarterly filing is mandatory under SEBI's depository regulations to ensure proper handling of share dematerialization processes.

Compliance Confirmation

Skyline Financial Services Private Limited, acting as the Registrar and Share Transfer Agent, provided confirmation regarding the dematerialization process. The certificate confirms that all physical share certificates received for dematerialization during the quarter were properly processed according to regulatory requirements.

Key Compliance Aspects

The certificate addresses two critical compliance requirements under the regulation. First, it confirms that securities comprised in the certificates have been listed on the stock exchange where earlier issued securities are listed. Second, it verifies that after due verification, certificates have been mutilated and cancelled, with the depository name substituted in records as the registered owner within the prescribed 15-day timeframe.

Stock Exchange Communication

The filing was communicated to both major exchanges where Master Trust Limited is listed - BSE Limited (Scrip Code: 511768) and National Stock Exchange of India Ltd (Symbol: MASTERTR). Additionally, copies were sent to National Securities Depository Limited and Central Depository Services (India) Limited, ensuring comprehensive regulatory compliance across all relevant depositories.

Master Trust Limited's promoters have pledged 40,00,000 equity shares to ICICI Bank Limited as collateral for financing arrangements involving the company's wholly owned subsidiary. The pledge was executed on February 16, 2026, with formal disclosure made to stock exchanges on February 18, 2026, under Regulation 31(1) of SEBI Takeover Regulations.

Promoter Share Pledge Details

Two key promoters participated in the pledge arrangement to support Master Capital Services Limited's loan requirements:

Promoter Holdings Overview

The pledge represents a portion of the promoters' substantial shareholding in Master Trust Limited:

Regulatory Compliance and Purpose

The share encumbrance was disclosed in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. The pledged shares serve as collateral security for loans to be availed by Master Capital Services Limited, the company's wholly owned subsidiary. The formal disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited on February 18, 2026.

Promoter Group Structure

The comprehensive promoter group holding structure demonstrates the family's significant stake in Master Trust Limited:

The pledge arrangement demonstrates the promoter group's commitment to supporting subsidiary operations through strategic financial structuring while maintaining regulatory transparency through timely disclosures to stock exchanges.