Deutsche Bank Group, acting as agent, has disclosed the release of encumbrance over 23,465,150 equity shares of Ventive Hospitality Limited held by BREP Asia III India Holding Co VI Pte. Ltd. (the Singapore Share Holder). This release pertains to approximately 10.05% of the company’s total share capital. The disclosure is made under the Takeover Code following a facility agreement with Barclays Bank PLC and others. The date of the release of encumbrance is January 23, 2026.
Details of the Encumbrance Release
The Deutsche Bank Group, specifically Deutsche Bank AG, Singapore Branch, acting as the agent and offshore security agent, announced the release of encumbrance on equity shares of Ventive Hospitality Limited (the Target Company). The shares were held by BREP Asia III India Holding Co VI Pte. Ltd., referred to as the Singapore Share Holder.
Shareholding Structure
As of January 28, 2026, BRE Asia ICC Holdings Ltd (the Mauritian Share Holder), together with the Singapore Share Holder, collectively own 52,104,896 shares, representing approximately 22.31% of the Target Company’s total share capital. The Singapore Share Holder owns 23,465,150 shares, which is around 10.05% of the total share capital. In total, the Share Holders hold 75,570,046 shares, accounting for approximately 32.36% of the Target Company’s 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) hold 100% of the Mauritian Share Holder’s total share capital. BREP Asia III India Holding Co IX Pte. Ltd. (Parent 2) holds 100% of the Singapore Share Holder’s total share capital.
Background of Encumbrance
VH ML NQ Limited (the Borrower) had availed a term loan facility from Barclays Bank PLC, Deutsche Bank AG, London Branch, The Hongkong and Shanghai Banking Corporation Limited, and JPMorgan Chase Bank, N.A., London Branch (the Lenders). The Borrower is jointly held by Parent 1 and Parent 2. The release of encumbrance relates to this facility agreement dated April 25, 2025.
Source: BSE
