Mac Charles India Ltd

🔒 51% of Mac Charles India Shares Encumbered – Key Details

- Embassy Property Development encumbers 51% (66,81,537 shares) of Mac Charles India’s equity.

- Backs 54,000 NCDs (₹1L each) issued by Mac Charles Hub Projects, totaling ₹5,400 Cr.

- Catalyst Trusteeship oversees the NCDs as debenture trustee.

- Promoter: Mr. Jitendra Virwani; share capital unchanged at ₹13.1 Cr (1.31 Cr shares @ ₹10 face value).

- Encumbrance date: Dec 8, 2025, with repayment terms tied to ownership conditions.