Mac Charles (India) News

Mac Charles NCLT General Meeting Held Feb 25, 2026

Mac Charles (India) Limited conducted NCLT convened General Meeting on February 25, 2026 via video conferencing with 35 members present to approve scheme of arrangement with Embassy Prism Ventures Limited.

Mac Charles India Files Revised SEBI Takeover Disclosures

Mac Charles India Limited files revised disclosures under SEBI Takeover Regulations 31(1) and 31(2) on December 30, 2025, confirming Embassy Property's 73.41% holding and 51% encumbrance details.

MacCharles India Approves Postal Ballot for INR 540 Crore Debenture Issuance and Corporate Guarantee

MacCharles India's Board approved a postal ballot seeking shareholder approval for a corporate guarantee by Embassy Property Developments for INR 540 crore non-convertible debentures to be issued by MacCharles Hub Projects Private Limited. The approval also covers material related party transaction undertakings and the appointment of Mr. Umesh Maskeri as scrutinizer for the postal ballot process.

MacCharles India Reports Loss of ₹15.54 Million in Q2 FY26, Maintains Strong Security Cover for NCDs

MacCharles India Limited posted a standalone loss of ₹15.54 million for the quarter ended September 30, 2025, compared to a loss of ₹134.76 million in the same period last year. The company maintains a robust security cover ratio of 7.90 times for its outstanding non-convertible debentures worth ₹824.95 million and completed handover of additional floors in its Embassy Zenith building to lessees.