The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd
GOCOLORS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.9 pts less than its Speciality Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Catalyst Trusteeship Ltd, acting as Security Trustee for a lender, has released 11,16,848 pledged shares of Go Fashion (India) Ltd, which were originally pledged by Rahul Saraogi. The encumbered (pledged) shares have come down from 37,58,600 shares (6.96% of total share capital) to 26,41,752 shares (4.89%). The release was effected on July 21, 2025, and disclosed under SEBI SAST Regulation 29(2). Catalyst Trusteeship is not classified as a promoter, but Rahul Saraogi (the pledgor) is associated with the promoter group. The total share capital of the company remains unchanged at 5,40,08,984 equity shares.
This pledge release is a mildly positive signal for shareholders, as it reduces the encumbered stake from 6.96% to 4.89%, lowering the risk of forced selling in the open market. It suggests reduced financial pressure on the pledgor, though a meaningful portion of shares remains pledged.