StockWatch
·
Stockbroking & Allied
Shareholding11 May 2026, 03:14 pm

Rikhav Securities: R M Shah Releases Encumbered Shares

AI Summary

On May 11, 2026, R M Shah, part of the Promoter Group of Rikhav Securities Ltd, released 3,51,830 encumbered equity shares, representing 0.92% of the total share capital. The release occurred on May 8, 2026. The pledge was created unintentionally due to an erroneous selection of the scrip during execution. Post-release, the number of encumbered shares is zero.

Key Highlights

  • R M Shah released 3,51,830 encumbered shares of Rikhav Securities.
  • The released shares represent 0.92% of the total share capital.
  • The encumbrance was unintentionally created due to an error.
  • Post-release, Rikhav Securities has zero encumbered shares held by R M Shah.