
Shareholding23 Jun 2026, 04:00 pm
Go Fashion Promoter Rahul Saraogi Releases 46.8 Lakh Shares from Pledge
AI Summary
Go Fashion (India) Limited promoter Rahul Saraogi has disclosed the release of encumbrance on 46,81,752 equity shares. The shares were released from a pledge held by Kotak Mahindra Bank Limited and IndusInd Bank Limited, with Catalyst Trusteeship Limited acting as the trustee. This action, reported on June 23, 2026, pertains to shares previously pledged by Rahul Saraogi. The disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Following the release, Rahul Saraogi's direct holding remains significant, with a portion of his shares still encumbered.
Key Highlights
- Promoter Rahul Saraogi released 46.8 lakh shares from pledge.
- Encumbrance released from Kotak Mahindra Bank and IndusInd Bank.
- Disclosure filed under SEBI (SAST) Regulations, 2011.
- Catalyst Trusteeship Limited acted as trustee for the release.
- Promoter's shareholding details updated post-release.
Price Impact
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