Catalyst Trusteeship Limited acts as a Trustee for various transactions involving “Loan Against Shares” and provides calculations of daily coverage, sends monitoring reports, ascertains top-ups/top downs and delivers notices, among other activities.
Share Pledge Trustee is often appointed as Monitoring Agent for valuation of shares and calculating the Asset Coverage Ratio.
Our Expertise
- Team comprises of Legal Experts, Bankers, Chartered Accountants and Financial Experts with real world knowledge and over two decades of experience.
- Well-trained staff that ensures timely and accurate calculation and reporting of all key deliverables.
- In-house exclusive software for managing end to end operations.
Services Offered
- Monitor Loans against Shares.
- Vetting transaction documents provided by the Lender.
- Monitor compliance as per Share Pledge Agreement.
- Monitor Valuation of Shares on an ongoing basis.
- Hold shares as security on behalf of Lenders as Share Pledge Trustee.
- Give top-up notice and top-down notice as warranted.
- Intimate Lender upon receiving margin money / top-up.
- Provide monitoring report on daily / weekly / monthly basis reflecting various covenants.
- Sell shares upon invocation of pledge on Lender’s instructions.
- Open escrow account and transfer proceeds of shares received from brokers to Lender’s account on invocation of security.
None of the SEBI investor protection mechanisms shall be available for any grievances or disputes arising out of or pertaining to the activities which are not regulated by SEBI.