BRE Asia ICC Holdings Ltd, a promoter of Ventive Hospitality Limited, has created a pledge on its shares. This encumbrance involves 52,104,896 shares, representing 22.31% of the company’s total share capital. The pledge was created on January 16, 2026, under a security document related to a facility agreement. The shares are pledged in favor of Catalyst Trusteeship Limited, acting as the onshore security agent for the lenders.
Pledge Creation on Shares
A pledge has been created on shares of Ventive Hospitality Limited by BRE Asia ICC Holdings Ltd, one of the promoters. The total number of shares encumbered is 52,104,896, which accounts for 22.31% of Ventive Hospitality’s total share capital. This action took place on January 16, 2026.
Details of Encumbrance
The pledge is part of a Security Document related to a facility agreement dated April 25, 2025. The involved parties include BREP Asia III India Holding Co VI Pte. Ltd. and Catalyst Trusteeship Limited, who is acting as the onshore security agent for the lenders. The facility secures term loan facilities up to USD 180,000,000 availed by VH ML NQ Limited.
Reasons for Encumbrance
The primary reason for creating the encumbrance is to secure term loan facilities. Distributions or shareholder / intercompany loans will be made to BREP Asia SG T1 Holding (NQ) Pte. Ltd., and BREP VIII SBS ICC Holding (NQ) Encumbrance Ltd. (the parents of Promoter 1) and BREP Asia III India Holding Co IX Pte. Ltd. (the parent of Promoter 2), and for payment of transaction costs.
Key Figures
The total value of encumbered shareholding of Promoter 1 and Promoter 2 in the TC as on January 16, 2026, is Rs. 57,557,925,536. This is against an amount involved of $180,049,365, giving a ratio of A/B of 3.53x.
Source: BSE
