Rikhav Securities Clarifies Share Pledge Disclosure

Rikhav Securities Ltd has submitted a revised disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, addressing a discrepancy in a prior filing dated August 4, 2026. The original filing incorrectly listed Rikhav Securities Ltd as the entity in whose favor shares were encumbered. The revised disclosure clarifies that the shares were pledged in favor of NU Investors Technologies Pvt Ltd. This correction pertains to a pledge of 4,98,048 shares, representing 1.3% of the total share capital, created on August 3, 2026, for margin trading purposes. Hitesh Himatlal Lakhani, the promoter and pledgor, has submitted the revised disclosure.