RAYMONDBSERaymond LtdHighNeutral
Announced Thu, 5 Mar · 16:33 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 05, 2026 for J K Investors (Bombay) Ltd

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

J.K. Investors (Bombay) Limited, a promoter of Raymond Ltd, has created a new pledge of 5,00,000 shares (0.75% of total share capital) on February 26, 2026, in favor of Aditya Birla Capital Limited. The pledge serves as collateral for loans taken by the Company or its Group Companies. After this pledge creation, the total encumbered shares held by this promoter stand at 3,562,471 shares (5.35% of capital), up from 3,062,471 (4.60%) earlier. J.K. Investors (Bombay) Limited holds 19,861,793 shares (29.83%) of Raymond, making it the largest promoter entity. All other promoter group entities in the disclosure have NIL encumbrance on their shares.

Likely market impact

This is a relatively small new pledge by the promoter to secure group-level borrowing from Aditya Birla Capital. With total pledged shares at only 5.35% of capital, there is no immediate governance or liquidity concern, but investors should watch for any further pledges that could indicate rising financial stress at the promoter or group level.