
Shareholding21 Sept 2026, 07:00 pm
Royal Sense promoter releases pledge on 10 lakh shares (18.69%)
AI Summary
Royal Sense Ltd. announced that its promoter, Rishabh Arora, has released a pledge on 1,000,000 (Ten Lakhs) equity shares, representing 18.69% of the company's total share capital. The shares were previously encumbered as security for financial assistance in favor of Comfort Securities Limited. This disclosure was made pursuant to Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The release of the pledge occurred on September 17, 2026. Prior to this release, Rishabh Arora held 3,290,140 shares, constituting 61.50% of the total share capital.
Key Highlights
- Promoter Rishabh Arora released pledge on 10 lakh shares.
- This represents 18.69% of Royal Sense's total share capital.
- Shares were pledged as security for financial assistance.
- The pledge was released on September 17, 2026.
- Disclosure made under SEBI SAST Regulations, 2011.
Price Impact
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