BSERoyal Sense LimitedHighPositive
Announced Mon, 21 Sept · 18:57 IST

Promoter Rishabh Arora releases pledge on 10 lakh shares

Pledge ReleasedOwnership Changes View source PDFExplain this filing

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Royal Sense Limited informed BSE that promoter Rishabh Arora released a pledge on 10 lakh equity shares held by Comfort Securities Limited. The pledge was originally created as security for financial assistance. The release happened on 17 September 2026. Promoter Rishabh Arora holds 32.90 lakh shares or 61.50 percent of total share capital. Around 10 lakh shares or 18.69 percent of total share capital remain encumbered after this release.

Likely market impact

Reduces risk of forced share sale by promoter. Generally seen as a positive signal for shareholder confidence.