The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on January 29, 2026 for RPS Industries Pvt Ltd
SIGACHI · price
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Promoter RPS Industries Pvt Ltd has reported invocation of 1,15,03,000 pledged equity shares of Sigachi Industries, representing about 3.02% of total share capital. The invocations happened across three dates — January 14, 21, and 22, 2026 — with 1 crore shares invoked in favor of Anurag Reddy and the remaining 15.03 lakh shares invoked by IIFL Securities Ltd. Before this event, RPS Industries had 5.93 crore pledged shares (15.53% of capital); after invocation, encumbered shares stand reduced to 4.78 crore (12.52%). The promoter group's overall holding remains at 6.78 crore shares (17.76%) in the company.
Pledge invocation is a negative signal as it indicates the promoter could not meet loan obligations and the lender has taken control of the shares, raising concerns about promoter financial health. With nearly 12.5% of the company's shares still pledged, further invocations remain a risk and may pressure the stock price.