Deutsche Bank Group, acting as agent and offshore security agent, has disclosed the release of encumbrance on 23,465,150 equity shares of Ventive Hospitality Limited held by BREP Asia III India Holding Co VI Pte. Ltd. (Singapore Share Holder), representing approximately 10.05% of the total share capital. Following this release, the shares remain encumbered with the acquirer, totaling 75,570,046 shares, which is about 32.36%.
Shareholding Structure Overview
As of January 29, 2026, BRE Asia ICC Holdings Ltd (Mauritian Share Holder) and BREP Asia III India Holding Co VI Pte. Ltd. (Singapore Share Holder) collectively own 52,104,896 and 23,465,150 shares respectively in Ventive Hospitality Limited (Target Company). The combined holdings amount to 75,570,046 shares, representing approximately 32.36% of the total share capital.
Details of Encumbrance Release
An encumbrance on shares held by the Singapore Share Holder was released on January 23, 2026. The released shares total 23,465,150. Following this transaction, the number of encumbered shares with the acquirer remains at 75,570,046, or 32.36% of total share capital.
Parent Company Ownership
BREP Asia SG T1 Holding (NQ) Pte. Ltd. (Parent 1) and BREP VIII SBS ICC Holding (NQ) Ltd (Cayman Parent) own 100% of the Mauritian Share Holder. BREP Asia III India Holding Co IX Pte. Ltd. (Parent 2) owns 100% of the Singapore Share Holder.
Facility Agreement Context
The release of encumbrance is related to a facility agreement dated April 25, 2025, where VH ML NQ Limited (Borrower) availed a term loan facility from multiple lenders. The Share Holders had agreed to certain covenants in the nature of encumbrance with respect to all the equity shares held by them in the Target Company from time to time. The security created by Parent 2 over the shares of the Singapore Share Holder in favour of the Offshore Security Agent for the benefit of the Lenders has been released on January 23, 2026.
Source: BSE
