Rajapalayam Mills releases pledge on 4.7 lakh Ramco Cements shares

Pledge releasedOwnership Changes View source PDF Explain this filing

RAMCOCEM · price

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

Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹915.60

prior close

₹907.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+1.3%-1.3% vs market

Cement & Cement Products peers, median of 36sector+0.7%-0.8% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Smallcap 250 and 0.8 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.1

10m

+1.2

15m

+1.1

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1+1.3-1.3+0.7-0.8

Next day

-0.2+0.8-1.0+0.1-0.2

+0.9+2.1-1.2+0.0+0.9

-0.5+1.4-1.9-0.6+0.1

+0.5+1.8-1.3-0.6+1.1

+2.9+3.2-0.3-0.4+3.3

+0.7+4.1-3.4+0.4+0.3

15d

+0.9+4.0-3.1-3.1+4.0

-2.7+4.7-7.4-1.0-1.7

-6.2+1.5-7.7-8.4+2.2

-19.8-3.8-16.0-13.0-6.9

UpDownMarket · Nifty Smallcap 250Sector · Cement & Cement Products peers, median of 36Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Rajapalayam Mills Limited, a promoter of The Ramco Cements, released a pledge on 4,70,000 shares (0.20% of share capital) pledged with Barclays Investments and Loans India. The release was due to loan repayment. Post-release, pledged promoter shares stand at 1.85 crore (7.84% of capital), down from 1.90 crore (8.04%). Total promoter group holding remains unchanged at 42.56%.

Likely market impact

Reduces encumbered promoter shares, signalling deleveraging. No change in actual promoter ownership.