Money Masters Leasing Approves ₹3.35 Crore Preferential Issue Triggering Open Offer

Board approved preferential issue of 3.35 Cr shares at Rs 1 for Rs 3.35 Cr to Chinkita and Naina Agarwal, and noted SPA for 3.48 Cr shares (34.66%) at Rs 1. Existing promoters to sell stake to settle Rs 3.6 Cr loan from acquirers; deal with preferential issue triggers open offer and change in control, subject to shareholder postal ballot. Preferential price fixed at floor price Rs 1 per valuation report; completion needs statutory approvals; acquirers to take promoter control post deal, terms for management change not detailed.