Gautam Hari Singhania has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Gautam Hari Singhania, on behalf of the Promoters and Promoter Group of Raymond Lifestyle Limited, has submitted a disclosure under Regulation 31(4) confirming that no new encumbrances (pledges) have been created on their shareholding during Financial Year 2025-26, other than those already disclosed earlier. This is a routine regulatory filing that serves as a negative confirmation — essentially stating that promoter shareholdings remain unencumbered beyond previously disclosed pledges. The filing was submitted to both NSE and BSE on April 1, 2026.
This is a neutral-to-slightly-positive filing for shareholders, as it confirms promoters have not added new pledges on their holdings. It reduces concerns about potential share sales arising from invoked pledges, though the absence of new encumbrances does not change the fundamental investment thesis.