SIGACHIBSESigachi Industries LtdCriticalNegative
Announced Tue, 3 Feb · 10:21 IST

The Exchange has received revised 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

Pledge InvokedOwnership Changes View source PDF

SIGACHI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter RPS Industries Private Limited has reported the invocation of 1,15,03,000 pledged equity shares of Sigachi Industries. The invocations happened on 14.01.2026, 21.01.2026, and 22.01.2026 in three tranches — 1,00,00,000 shares pledged in favour of Anurag Reddy, 9,50,000 shares with IIFL Securities Ltd, and 5,53,000 shares also with IIFL Securities Ltd. The reason stated is repayment of a loan. Post invocation, encumbered shares held by RPS Industries have come down to 4,78,47,000 shares (12.52% of share capital) from the earlier 5,93,50,000 shares (15.53%). RPS Industries total promoter holding is 6,78,57,250 shares or 17.76% of the company. This is a revised disclosure originally submitted on 29.01.2026.

Likely market impact

Negative for the stock — invocation of pledged shares signals loan default by the promoter and raises the risk of lenders selling these shares in the open market, which could create supply-side pressure and weigh on the share price.