J.K. Investors pledges shares in Raymond Lifestyle
J.K. Investors (Bombay) Limited pledged 35,32,892 shares in Raymond Lifestyle Limited to Bajaj Finance Limited on June 22, 2026, raising its total encumbered holding to 14.15%. The pledge serves as collateral for loans taken by the company or group companies. Other promoter group entities reported no changes in their encumbrance status.

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J.K. Investors (Bombay) Limited has created an encumbrance on 35,32,892 shares of Raymond Lifestyle Limited , increasing the total pledged holding to 14.15% of the company's share capital. The shares were pledged to Bajaj Finance Limited on June 22, 2026, to serve as collateral for loans taken by the company or its group entities. The disclosure was made to the stock exchanges on June 25, 2026, in compliance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Details of the Encumbrance
The filing details the specific transaction involving the promoter group. J.K. Investors (Bombay) Limited, which holds a significant stake in the target company, added to its previously encumbered shares through this new pledge creation. The reason cited for the encumbrance is collateral for loans taken by the company or group companies.
| Promoter | Event Type | Date of Creation | No. of Shares Pledged | % of Share Capital | Entity in Favor |
|---|---|---|---|---|---|
| J.K. Investors (Bombay) Limited | Creation | 22/06/2026 | 35,32,892 | 5.80% | Bajaj Finance Limited |
Promoter Holding Status
Following the creation of the pledge, the total encumbered holding of J.K. Investors (Bombay) Limited in Raymond Lifestyle Limited stands at 86,21,568 shares, representing 14.15% of the total share capital. The promoter's total holding in the company prior to this event was 2,31,65,400 shares, or 38.02% of the share capital.
The disclosure also lists other promoters and persons acting in concert (PACs), including J.K. Investo Trade (India) Limited, J.K. Helene Curtis Limited, and Raymond Limited. None of these entities reported any creation, invocation, or release of encumbrances during this reporting period. The filing was signed by Gautam Hari Singhania, the authorised signatory for J.K. Investors (Bombay) Limited.
Historical Stock Returns for Raymond Lifestyle
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.22% | -4.73% | -4.70% | -23.22% | -43.67% | -74.07% |
What specific purpose will the funds raised through this collateral serve for the group entities?
How will this increase in pledged shares impact the promoter's ability to maintain current control levels if the stock price declines?
Is there a risk of margin calls leading to invocation of the pledge given the current volatility in Raymond Lifestyle's share price?































