Promoter Rajapalayam Mills pledges 7.05 lakh more Ramco Cements shares to Tata Capital
RAMCOCEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts more than Nifty Smallcap 250 and in line with its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Rajapalayam Mills Ltd, a promoter of Ramco Cements holding 13.61 percent stake (3.21 crore shares), created a new pledge of 7,05,800 shares (0.30 percent) in favour of Tata Capital Ltd on 23-Jul-2026 as security for borrowing. This is in addition to an existing pledge of 4,00,000 shares. Post-event, total encumbered promoter group shares stand at 2,21,82,489 (9.39 percent of total share capital). Over 59 percent of Rajapalayam Mills own stake is now pledged.
New promoter pledge for borrowing raises encumbrance level. Over 59 percent of Rajapalayam Mills stake is pledged; monitor for any invocation risk.