Raymond Limited — Pledging, 11-03-2025: Pledge/Unpledge

Raymond Limited disclosed the creation of a pledge on 19,861,793 shares (29.83% of total share capital) by J.K. Investors (Bombay) Limited, serving as collateral for a loan taken by the company. Additionally, 650,000 shares (0.98%) are pledged in favor of Bajaj Finance Limited. The transaction indicates a potential leverage strategy, which may affect investor sentiment regarding the company's financial stability.