Abhishek Sherawat, Ministry of Railways, Railway Board For & on behalf of the Honble President of India 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.
RITES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Ministry of Railways, on behalf of the Hon'ble President of India, has submitted a disclosure confirming that 72.20% of RITES Limited's paid-up share capital (34,70,09,546 equity shares of Rs. 10 each) is held by the President of India as on 31st March 2026. The disclosure explicitly states that no encumbrance or pledge was created on these shares during the financial year ended 31st March 2026. This is a routine regulatory filing confirming the promoter's shareholding status and the absence of any pledge on their stake.
No pledge on the promoter's 72.20% stake is a neutral-to-positive signal for shareholders, indicating no risk of forced share sale by lenders. The promoter's holding remains firmly above the 50% threshold.