The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 10, 2025 for Raksha Sudhir Valia
SUNPHARMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Raksha Sudhir Valia, a Person Acting in Concert (PAC) with the promoter group of Sun Pharmaceutical Industries, has pledged 6,50,000 equity shares (about 0.027% of total share capital) on July 4, 2025. The pledge was created in favor of Citicorp Finance (India) Limited as security for a loan facility availed by a third party. After this pledge, her encumbered shares stand at 1,19,90,400 (0.499% of share capital), out of her total holding of 28,830,352 shares (1.20%). This is a routine disclosure under SEBI's takeover regulations to inform exchanges about the encumbrance.
This is a routine regulatory disclosure and a small pledge creation relative to overall shareholding. It is not expected to have any meaningful impact on the stock price. Investors may note that the pledge is for a third-party loan, not the company's own borrowings.