Raymond Lifestyle Limited — Pledging, 11-03-2025: Pledge/Unpledge
11-03-2025 · 03:21 pm
J.K. Investors (Bombay) Limited has created a pledge on 2,31,65,400 shares, constituting 38.02% of the total share capital of Raymond Lifestyle Limited. This transaction was executed on March 3, 2025, primarily as collateral for a loan obtained by the company.
Additionally, shares pledged in favor of Bajaj Finance Limited amount to 6,50,000, which is 1.07% of the total share capital. Other promoters and entities listed hold shares with no changes in encumbrance status. This move to secure loans may influence investor sentiment, reflecting potential strategies for financing and operational growth.
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