The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 26, 2026 for Deep Hitesh ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rikhav Securities promoters and promoter group entities have created fresh pledges on their shares, all dated 23 February 2026, with the reasons now disclosed as 'Margin Trade.' Five promoter group members – Deep Hitesh Lakhani, Hitesh Himatlal Lakhani, Hitesh H. Lakhani HUF, Himatlal J. Lakhani HUF, and Bharti Hitesh Lakhani – have together pledged 37,24,288 shares (roughly 9.7% of total share capital) in favour of NU Investors Technologies Pvt Ltd. Himatlal J. Lakhani HUF has pledged 100% of its entire 12,75,000-share holding. This is a revised filing; the original 27 February 2026 submission was sent back by BSE for not stating the reason for encumbrance and for using an outdated format. No shares have been released or invoked in this filing.
Shareholders should note that a significant chunk of promoter family shares is now encumbered for margin trading, which raises the risk of forced selling if the promoter entities face margin calls. The revision itself is procedural and not a new event, so near-term share price impact is likely limited, but the pledge levels are worth monitoring.