Raymond Lifestyle: Promoter corrects encumbered shares to 6.61 Mn

Raymond Lifestyle Ltd received a revised disclosure from its promoter, J K Investors Bombay Ltd, under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The revision rectifies a typographical error in the number of shares already encumbered by the promoter. The corrected number of encumbered shares is 6,608,676, up from the previously reported 6,008,676. These shares were pledged as collateral for the Company/Group. Post-correction, the promoter's encumbered holding represents 10.85% of the total share capital.