Rikhav Securities: Promoters Release Pledged Shares

Pledge ReleasedPledge Above 50pctOwnership Changes View source PDF

Price

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

Price reaction · full curve 14 horizons · vs prior close

+0.7%1-day move

₹46.10

prior close

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base price

In-mkt

timing

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————+0.7+2.0+2.0+2.1+1.2+0.9————

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AI summary

Promoter and promoter group of Rikhav Securities released pledged equity shares on June 2, 2026. Hitesh Himatlal Lakhani released 4,98,048 shares (1.30% of capital), Hitesh Himatlal Lakhani HUF released 1,80,000 shares (0.47%), and Himatlal J. Lakhani HUF released all 12,75,000 shares (3.33%) that were fully pledged. Total released: about 19,53,048 shares (roughly 5.10% of capital). Reason given: margin no longer required due to quarterly stock retention. Post-release, none of these promoter entities hold any pledged shares.

Likely market impact

Promoter pledge fully cleared, reducing risk of forced selling. Positive signal for share price stability and shareholder confidence.