The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 02, 2026 for RPS Industries Pvt Ltd
SIGACHI · price
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Sigachi Industries disclosed that promoter RPS Industries Pvt Ltd has created a new pledge of 25,00,000 shares (0.65% of total share capital) with Cholamandalam Investment and Finance Ltd, citing personal use as the reason. The pledge was created on January 29, 2026 and reported on February 2, 2026. After this pledge, RPS Industries' total encumbered shares stand at 3,88,50,000 (10.17% of share capital), while its total promoter holding is 5,63,54,250 shares (14.74% of share capital). This means roughly 69% of RPS Industries' promoter holding in Sigachi is now pledged.
A new pledge by the promoter increases the encumbered portion of promoter shares, which is generally viewed cautiously by investors as it signals higher financial leverage at the promoter level. The 0.65% incremental size is modest, but the overall pledge coverage of promoter holding is now substantial and may raise concerns if the stock moves against the pledged value.