The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on October 14, 2025 for Raj Kumar Sekhani
PIONEEREMB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.1 pts more than its Other Textile Products 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.
Raj Kumar Sekhani, a promoter of Pioneer Embroideries Ltd, disclosed under SEBI SAST Regulations that 9,06,082 shares (2.94% of share capital) pledged with Kotak Mahindra Bank have been released on 9th October 2025. Two other promoter group entities also released pledges on the same day — Pioneer E-com Fashions LLP released 53,00,000 shares (17.20%) and Bimla Devi Sekhani released 43,93,918 shares (14.26%) — all due to loan repayment. Post-release, the pledged holdings of all three promoter entities stand at NIL, and total promoter group holding is 1,00,78,325 shares (32.7% of share capital).
This is a positive signal for shareholders — promoter pledges have been fully released by repaying loans, which reduces the risk of forced share sales and signals improved financial standing of the promoter group.