Announced Fri, 24 Jul · 10:17 IST
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.
Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹916.65
prior close
₹906.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.0——-0.2-0.3————————
Up moveDown movePending
AI summary
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.
Likely market impact
New promoter pledge for borrowing raises encumbrance level. Over 59 percent of Rajapalayam Mills stake is pledged; monitor for any invocation risk.