J.K. Investors (Bombay) Limited Creates Pledge on Raymond Limited Shares Under SEBI Takeover Regulations
J.K. Investors (Bombay) Limited disclosed the creation of pledge on 1,400,000 Raymond Limited shares under SEBI Takeover Regulations. The pledging occurred on March 17, 2026, with 850,000 shares pledged to Aditya Birla Capital Limited and 550,000 shares to Bajaj Finance Limited as collateral for loans. This increased the company's total encumbered shareholding in Raymond to 4,962,471 shares (7.45% of total share capital) from the previous 3,562,471 shares (5.35%). J.K. Investors maintains a 29.83% stake in Raymond Limited with 19,861,793 shares.

*this image is generated using AI for illustrative purposes only.
Raymond Limited's promoter J.K. Investors (Bombay) Limited has disclosed the creation of pledge on shares under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, dated March 23, 2026, reveals strategic pledging activities undertaken to secure financing arrangements.
Pledge Creation Details
J.K. Investors (Bombay) Limited executed two separate pledge transactions on March 17, 2026, involving a total of 1,400,000 Raymond Limited shares. The pledging was conducted as collateral for loans taken by the company and group companies.
| Transaction Details: | Shares Pledged | Lender | Purpose |
|---|---|---|---|
| First Pledge: | 850,000 shares | Aditya Birla Capital Limited | Loan collateral |
| Second Pledge: | 550,000 shares | Bajaj Finance Limited | Loan collateral |
| Total Pledged: | 1,400,000 shares | Two lenders | Group financing |
Current Shareholding Position
Following the pledge creation, J.K. Investors' encumbered shareholding in Raymond Limited has increased significantly. The company maintains a substantial stake in Raymond while utilizing shares as security for financing needs.
| Shareholding Metrics: | Current Position |
|---|---|
| Total Holding: | 19,861,793 shares (29.83%) |
| Previously Encumbered: | 3,562,471 shares (5.35%) |
| New Encumbrances: | 1,400,000 shares (2.10%) |
| Total Encumbered: | 4,962,471 shares (7.45%) |
Promoter Group Holdings
The disclosure also provides comprehensive details of other promoter group entities and their shareholdings in Raymond Limited. J.K. Investo Trade (India) Limited holds 8,275,087 shares representing 12.43% of total share capital, while J.K. Helene Curtis Limited maintains 3,592,050 shares or 5.40% stake.
Other promoter entities include:
- Smt. Sumitrievi Singhania Hospital Trust: 691,496 shares (1.04%)
- Polar Investments Limited: 99,200 shares (0.15%)
- J.K. Sports Foundation: 6,395 shares (0.01%)
- Individual promoters holding smaller stakes
Regulatory Compliance
The disclosure was made pursuant to Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. J.K. Investors communicated the pledge creation to both BSE Limited (Scrip Code: 500330) and National Stock Exchange of India Limited (Symbol: RAYMOND), ensuring full regulatory compliance.
The pledging activities reflect the company's strategic approach to leverage its shareholding in Raymond Limited for securing financing arrangements while maintaining its significant promoter status in the textile and apparel company.
Historical Stock Returns for Raymond
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.04% | +0.70% | -11.58% | -42.72% | -29.53% | +4.19% |
Will the increased pledge burden of 7.45% impact J.K. Investors' ability to maintain control over Raymond Limited's strategic decisions?
How might Raymond Limited's stock price react to this significant increase in promoter share pledging from 5.35% to 7.45%?
What are the potential risks if J.K. Investors faces difficulty in servicing the loans secured against these 1.4 million pledged shares?

































