Deutsche Bank Group, acting as an agent, has formally disclosed the release of an encumbrance (security) over equity shares of Ventive Hospitality Limited (the Target Company). The security, held by the Mauritian Share Holder (BRE Asia ICC Holdings Ltd), was released on February 6, 2026. This action followed the earlier release of security on the Singapore Share Holder’s stake in January 2026, concluding the encumbrance arrangement related to a term loan facility.
Disclosure of Security Release on Ventive Hospitality Limited
Deutsche Bank AG, Singapore Branch, acting as the Agent and Offshore Security Agent, has filed a disclosure regarding the release of encumbrance over the equity shares of Ventive Hospitality Limited (the Target Company).
This filing is made pursuant to the regulations concerning the Substantial Acquisition of Shares and Takeovers.
Shareholding Context Before Security Release
Prior to the release, the Share Holders collectively held a substantial stake in the Target Company:
- BREP Asia III India Holding Co VI Pte. Ltd. (Singapore Share Holder) owned 23,465,150 shares, representing approximately 10.05% of the total share capital.
- BRE Asia ICC Holdings Ltd (Mauritian Share Holder) owned 52,104,896 shares, aggregating to approximately 22.31% of the total share capital.
- Collectively, the Share Holders held 75,570,046 shares, totaling approximately 32.36% of the Target Company’s capital.
The encumbrance covered the 52,104,896 shares (22.31%) held by the Mauritian Share Holder.
Details of the Encumbrance Release
The security created by Parent 1 and the Cayman Parent over the shares of the Mauritian Share Holder in favour of the Offshore Security Agent has been officially released on 6 February 2026, pursuant to a release agreement dated the same day.
This followed the earlier release on 23 January 2026 of the security created by Parent 2 over the shares of the Singapore Share Holder.
Holding Status Post-Release
As of the date of this letter (10 February 2026), the holding structure remains largely the same in terms of share count, but the nature of the holding changes:
- Shares carrying voting rights remain at 78 (0.00%).
- Shares in the nature of encumbrance held by the acquirer aggregate to 75,570,046 shares (#), representing 32.36% (#) of the total share capital, as the underlying covenant for encumbrance continues.
Capital Structure Reference
The total equity share capital of the Target Company remains constant at INR 233,541,608 comprising 233,541,608 equity shares of INR 1 each, based on the shareholding pattern for the quarter ended December 2025.
Background on the Facility
The original security arrangements were established in favour of the Lenders (including Barclays Bank PLC, Deutsche Bank AG, London Branch, etc.) following a term loan facility availed by VH ML NQ Limited (the Borrower) on 25 April 2025.
Source: BSE
