
Shareholding4 Nov 2026, 04:41 pm
Go Fashion: Rahul Saraogi Releases 16.25 Lac Shares from Pledge
AI Summary
Go Fashion (India) Limited announced that Rahul Saraogi, a promoter, has released 16,25,000 equity shares (3.08% of total share capital) from a pledge. The shares were pledged with Union Bank of India and released with Beacon Trusteeship Limited acting as the trustee. This action reduces the encumbered shares held by Rahul Saraogi to 22,05,000, representing 4.19% of the total share capital. The disclosure was made on November 4, 2026, in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter Rahul Saraogi released 16.25 Lac shares from pledge.
- Shares were pledged with Union Bank of India.
- Encumbered shares held by Rahul Saraogi now stand at 22.05 Lac.
- Disclosure filed under SEBI Takeover Regulations.
- Transaction impacts promoter's pledged shareholding.
Price Impact
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