J.K. Investors (Bombay) Limited Creates Pledge on Raymond Limited Shares Under SEBI Takeover Regulations

1 min read     Updated on 25 Mar 2026, 01:44 AM
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Radhika SScanX News Team
AI Summary

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.

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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 Day5 Days1 Month6 Months1 Year5 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?

J.K. Investors Creates Fresh Pledge of 5 Lakh Raymond Shares with Aditya Birla Capital

1 min read     Updated on 05 Mar 2026, 04:47 PM
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AI Summary

J.K. Investors (Bombay) Limited pledged an additional 5,00,000 Raymond shares to Aditya Birla Capital Limited on February 26, 2026, increasing total encumbered shares to 3,562,471 (5.35% of share capital). The pledge serves as collateral for loans taken by the company and group companies, with the disclosure filed under SEBI regulations on March 04, 2026.

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J.K. Investors (Bombay) Limited has created a fresh pledge on 5,00,000 shares of Raymond Limited with Aditya Birla Capital Limited, according to a regulatory disclosure filed on March 04, 2026. The pledge creation took place on February 26, 2026, and serves as collateral for loans taken by the company and its group companies.

Pledge Details and Impact

The fresh pledge increases J.K. Investors' total encumbered shareholding in Raymond to 3,562,471 shares from the previously encumbered 3,062,471 shares. This represents 5.35% of Raymond's total share capital, up from the earlier 4.60%.

Parameter: Details
Shares Pledged: 5,00,000
Pledge Date: February 26, 2026
Beneficiary: Aditya Birla Capital Limited
Purpose: Collateral for loans
Total Encumbered Shares: 3,562,471
Percentage of Share Capital: 5.35%

Promoter Holdings Overview

J.K. Investors (Bombay) Limited holds a total of 19,861,793 shares in Raymond Limited, representing 29.83% of the company's total share capital. The entity remains the largest promoter shareholder among the Raymond promoter group.

Promoter Entity: Total Holding % of Capital Encumbered Shares % Encumbered
J.K. Investors (Bombay) Limited: 19,861,793 29.83% 3,562,471 5.35%
J.K. Investo Trade (India) Limited: 82,75,087 12.43% NIL NIL
J.K. Helene Curtis Limited: 35,92,050 5.40% NIL NIL

Regulatory Compliance

The disclosure was made pursuant to Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to both BSE Limited and National Stock Exchange of India Limited, where Raymond shares are listed. Other promoter entities including J.K. Investo Trade (India) Limited, J.K. Helene Curtis Limited, and various trusts and individual promoters maintain their shareholdings without any encumbrances.

Corporate Communication

The disclosure was signed by Arun Agarwal, Authorised Signatory of J.K. Investors (Bombay) Limited, and copies were provided to Raymond Limited's corporate secretarial department. The pledge creation reflects ongoing financial arrangements within the promoter group structure for business operations and expansion activities.

Historical Stock Returns for Raymond

1 Day5 Days1 Month6 Months1 Year5 Years
+1.04%+0.70%-11.58%-42.72%-29.53%+4.19%

More News on Raymond

1 Year Returns:-29.53%