J K Investors (Bombay) Limited has released 600,000 shares of Raymond Lifestyle Limited that were previously pledged with Aditya Birla Finance Limited. The release of encumbrance took place on May 20, 2026, reducing the total percentage of shares encumbered by the promoter to 8.35% of the target company's share capital. The disclosure was submitted to the stock exchanges on May 28, 2026, under Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The shares were initially pledged as collateral for loans taken by the company or its group companies. Following the release, the promoter's total holding in Raymond Lifestyle Limited stands at 2,31,65,400 shares, representing 38.02% of the total share capital. The transactions involved two separate releases of 200,000 shares and 400,000 shares respectively on the same date.

Details of Encumbrance Release

The following table details the specific transactions regarding the release of pledged shares:

Post-Event Shareholding Status

After the release of the encumbrances, J K Investors (Bombay) Limited holds 50,88,676 shares as encumbered, which accounts for 8.35% of the total share capital of Raymond Lifestyle Limited. Other promoter group entities, including J.K. Investo Trade (India) Limited, J.K. Helene Curtis Limited, and Smt. Sunitidevi Singhania Hospital Trust, reported no encumbered holdings as of the reporting date.

The disclosure was signed by Gautam Hari Singhania, the authorised signatory for J K Investors (Bombay) Limited. The target company, Raymond Lifestyle Limited, formerly known as Raymond Consumer Care Limited, is listed on both the National Stock Exchange of India Limited and BSE Limited.

raymond lifestyle has submitted a declaration to the stock exchanges confirming that its promoters and promoter group members have not encumbered their shareholdings during the Financial Year 2025-26. The disclosure, made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was filed on April 06, 2026.

The company stated that the Promoters, members of the Promoter Group, and Persons Acting in Concert have not made any direct or indirect encumbrance on their shares in Raymond Lifestyle Limited. This assurance excludes any encumbrances that were already disclosed to the exchanges during the specified financial year.

List of Promoters and Promoter Group

The declaration covers a comprehensive list of individuals and entities within the promoter and promoter group categories. The list includes key individuals such as Gautam Hari Singhania, Niharika Gautam Singhania, and Nawaz Singhania, as well as corporate entities like J K Investors (Bombay) Limited and Raymond Limited.

The filing was signed by Gautam Hari Vijaypat Singhania on behalf of all promoters and promoter group members. A copy of the declaration has been forwarded to the Audit Committee of Raymond Lifestyle Limited for their records.