The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rich ''N'' Rich Finance and Holdings Ltd
AMBICAAGAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rich 'N' Rich Finance and Holdings Limited, a non-promoter entity, has disclosed the release of encumbered (pledged) shares in Ambica Agarbathies Aroma & Industries Ltd. Before the event, it held 19,00,000 equity shares (11.06% of total share capital) all in encumbered form. On 20th November 2025, the entire 19,00,000 shares (11.06%) were released from encumbrance. After this release, the entity's holding stands at NIL, indicating a complete exit from the company. The equity share capital remains unchanged at Rs. 17.17 crore comprising 1.71 crore equity shares of Rs. 10 each.
A non-promoter entity holding over 11% has fully exited the company, which may reduce large-holder/institutional presence and could affect trading liquidity. Shareholders should monitor for any subsequent changes in shareholding pattern to understand the nature of this exit.