Shareholding23 Jul 2026, 03:05 pm
Rajapalayam Mills Releases Pledge on 7.05 Lakh Ramco Cements Shares
AI Summary
Rajapalayam Mills Limited has released a pledge on 7,05,800 shares of The Ramco Cements Limited. The release was executed on July 22, 2026, with Barclays Investments & Loans India Pvt. Ltd. This action is in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure was filed with the stock exchanges on July 23, 2026. This event signifies a reduction in encumbrance on promoter holdings in The Ramco Cements Limited.
Key Highlights
- Rajapalayam Mills released pledge on 7,05,800 shares of Ramco Cements.
- Pledge release occurred on July 22, 2026.
- Disclosure filed on July 23, 2026, under SEBI Takeover Regulations.
- Barclays Investments & Loans India Pvt. Ltd was involved in the pledge.
- Reduces promoter encumbrance on Ramco Cements shares.
Price Impact
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