A pledge was created on shares of Ventive Hospitality by promoter BRE Asia ICC Holdings Ltd. as of January 16, 2026. This pledge impacts 52,104,896 shares, representing 22.31% of Ventive Hospitality’s total share capital. The shares were pledged to Catalyst Trusteeship Limited, the onshore security agent, as security for a loan facility.
Details of Share Pledge
BRE Asia ICC Holdings Ltd, the promoter of Ventive Hospitality, has created a pledge on 52,104,896 equity shares of Ventive Hospitality, amounting to 22.31% of the total share capital. This information was reported on January 22, 2026.
Purpose of the Pledge
The pledge was created pursuant to an Indian law-governed pledge agreement dated January 16, 2026 with Catalyst Trusteeship Limited as the onshore security agent, and benefits the lenders under a facility agreement dated April 25, 2025. The facility is intended to secure term loan facilities of up to USD 180,000,000 availed by VH ML NQ Limited.
Promoter Shareholding
Before the pledge, BRE Asia ICC Holdings Ltd held 52,104,896 shares, equivalent to 22.31% of Ventive Hospitality’s share capital. The pledge covers the entirety of the promoter’s holdings in Ventive Hospitality.
Details of Encumbrance
The encumbrance is in the form of a pledge. The shares are pledged in favor of Catalyst Trusteeship Limited, acting as the onshore security agent for overseas banks and financial institutions. The borrowed amount will be utilized for distributions or intercompany loans to related entities. The total value of shares encumbered is Rs. 57,557,925,536.
Source: BSE
