StockWatch
·
Cement & Cement Products
Shareholding23 Jul 2026, 03:06 pm

Rajapalayam Mills Releases 2.55 Lakh Ramco Industries Shares from Pledge

AI Summary

Rajapalayam Mills Limited has announced the release of a pledge on 2,55,000 shares of Ramco Industries Limited. The release was executed on July 22, 2026, with Barclays Investments & Loans India Pvt. Ltd. This action is in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure was filed with the stock exchanges on July 23, 2026. The release is attributed to the repayment of a loan. This event impacts the promoter's holding and encumbrance levels in Ramco Industries.

Key Highlights

  • Rajapalayam Mills released 2,55,000 shares of Ramco Industries from pledge.
  • The release was due to loan repayment.
  • The event complies with SEBI Takeover Regulations.
  • Disclosure filed on July 23, 2026.
  • Impacts promoter shareholding and encumbrance.