Shareholding4 Jul 2026, 05:10 pm
Royal Sense Promoter Rishabh Arora Encumbers 10 Lakh Shares
AI Summary
Rishabh Arora, a promoter of Royal Sense Ltd, has disclosed the creation of an encumbrance over 10,00,000 equity shares, representing 18.69% of the total share capital. This action was taken on July 2, 2026, with the shares pledged as security for financial assistance to Comfort Securities Limited. The disclosure was made to the stock exchanges on July 4, 2026, in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Post-encumbrance, Rishabh Arora's direct holding in the company remains significant.
Key Highlights
- Promoter Rishabh Arora encumbered 10,00,000 shares.
- Shares pledged as security for financial assistance.
- Encumbrance created in favor of Comfort Securities Limited.
- Disclosure made as per SEBI Takeover Regulations.
- Promoter's direct holding remains substantial post-encumbrance.
Price Impact
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