Raymond Lifestyle promoter pledges 13.28 lakh shares for collateral
- J.K. Investors (Bombay) Limited pledged 13,28,511 shares of Raymond Lifestyle Ltd
- Pledge created in favor of STCI Finance Limited as collateral for group loans
- Total encumbered shares for the promoter entity rose to 99,40,079 post-transaction

*this image is generated using AI for illustrative purposes only.
Raymond Lifestyle Limited promoter J.K. Investors (Bombay) Limited created a pledge on 13,28,511 shares to secure collateral for loans taken by the company and its group entities.
The disclosure was filed with the BSE and NSE on October 8, 2026, pursuant to Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The encumbrance was created in favor of STCI Finance Limited.
Encumbrance Details
The pledge creation event occurred on September 29, 2026. The specific details regarding the promoter's holding before and after the transaction are outlined below:
| Metric | Pre-Event Holding | Post-Event Holding |
|---|---|---|
| Total Promoter Shares | 2,31,65,400 | 2,31,65,400 |
| % of Total Capital | 38.02% | 38.02% |
| Already Encumbered | 86,11,568 | 99,40,079 |
| Newly Pledged Shares | N/A | 13,28,511 |
| Total Encumbered % | 14.15% | 16.33% |
Note: Post-event encumbered shares calculated as sum of previously encumbered and newly pledged shares.
What the Numbers Show
The new pledge increases the total number of encumbered shares held by J.K. Investors (Bombay) Limited from 86,11,568 to 99,40,079. This represents a rise in the proportion of the promoter's holding that is pledged from 14.15% to approximately 16.33% of the total share capital. The remaining promoter entities, including J.K. Investo Trade (India) Limited and Raymond Limited, reported no changes to their encumbrance status during this period.
Historical Stock Returns for Raymond Lifestyle
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -4.99% | -14.41% | -25.98% | -50.20% | -79.21% |
How will the increased promoter pledge ratio to 16.33% impact institutional investor confidence and the stock's valuation multiples?
What are the specific terms of the loan from STCI Finance Limited, including interest rates and maturity dates, that necessitated this additional collateral?
Is the rising trend of encumbrances by J.K. Investors (Bombay) Limited indicative of broader liquidity stress within the Raymond group's corporate structure?

































