Rikhav Securities: Promoters Release Pledged Shares

Pledge releasedPromoter pledge above 50%Ownership Changes View source PDF Explain this filing

Price

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

Price reactionminutes from the announcement price · days from the prior close

+1.4%Reaction day

₹46.10

prior close

₹46.49

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+0.8% vs market

Stockbroking & Allied peers, median of 38sector+0.3%+1.1% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 1.1 pts more than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+0.6+0.8+0.3+1.1

Next day

+0.7+0.2+0.6+0.2+0.6

+2.0-0.9+2.9+0.0+1.9

+2.0-0.3+2.2+0.5+1.5

+2.1+0.0+2.0-0.1+2.2

+1.2-1.1+2.3-0.8+2.0

+0.9-1.4+2.3-1.5+2.4

15d

+4.7+2.7+2.0-3.0+7.7

-2.1+3.6-5.7-1.1-1.0

+3.0+2.0+1.1-4.4+7.4

+13.0+1.1+11.9-5.3+18.3

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 38Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.