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Board approved material related-party transactions with Master Capital Services of up to Rs 1500 Cr, subject to shareholder approval, for the period between the 41st and 42nd AGMs. This materially expands the approved transaction framework with the company's material subsidiary; transactions must be at arm's length and in the ordinary course. Actual transaction mix, counterparties, pricing and business purpose were not disclosed, leaving execution and related-party governance risk pending shareholder approval.
Master Trust Promoters Freshly Pledge 12.2% Stake After Previous Release
Master Trust Promoters Fully Release 12.2% Equity Pledge With ICICI Bank