Shareholding29 May 2026, 01:12 pm
Raymond: J K Investors Release Encumbrance on Shares
AI Summary
On May 28, 2026, Raymond Ltd received disclosure regarding the release of encumbrances on shares by J K Investors (Bombay) Ltd under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The release pertains to pledge on shares, with Bajaj Finance Limited being the entity in whose favor shares were encumbered. The reason for release is collateral for loans taken by the Company/ Group Companies now released.
Key Highlights
- J K Investors (Bombay) Ltd released pledge on Raymond Ltd shares.
- Release of encumbrance reported under SEBI Regulations 31(1) and 31(2).
- Bajaj Finance Limited was the entity in whose favor shares were encumbered.
- The release is due to collateral for loans taken by the Company/ Group Companies now released.
Price Impact
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