RAMCOCEMBSEThe Ramco Cements LtdHighNegative
Announced Fri, 27 Mar · 17:07 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 25, 2026 for Rajapalayam Mills Ltd

Ownership Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹905.50
prior close
₹906.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8+0.5+0.8+0.2+3.8+1.8+3.7+3.3+9.9+9.7+6.4+2.7-5.0+2.6
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AI summary

Rajapalayam Mills Ltd, part of the promoter group of The Ramco Cements Ltd, created a pledge on 10,000 additional equity shares in favour of Barclays Investments & Loans (India) Pvt. Ltd on 24-03-2026, as comfort for borrowing. Rajapalayam Mills holds 3,21,69,264 shares (13.61% of capital) and with this fresh pledge, its encumbered shares rise to 1,89,91,625 (8.04% of capital), up from 1,89,81,625 earlier. Across the entire promoter group, total encumbered shares now stand at 2,21,82,489 (9.39% of total share capital). The incremental pledge is very small at just 0.01% of the company's share capital.

Likely market impact

This is a routine, minor pledge creation by an existing promoter and is not a material encumbrance event. No meaningful impact on share price or shareholder value is expected from this disclosure alone.