Rahul Saraogi has pledged additional equity shares of go colors with Catalyst Trusteeship Limited acting as Security Trustee on behalf of lenders, as disclosed in a regulatory filing dated December 10, 2025.

Share Pledge Details

The pledge transactions were executed in two separate tranches over recent months. The following table summarizes the pledge activity:

Updated Shareholding Position

Following these pledge transactions, Saraogi's encumbered shareholding position has been significantly updated. Prior to these pledges, he had already encumbered 26.41 lakh shares representing 4.89% of the company's share capital.

Company Share Capital Structure

Go Fashion (India) Limited maintains a total equity share capital of 5.40 crore shares with a face value of ₹10 each. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited. The pledge represents shares encumbered as security with the trustee on behalf of lenders, which is a common practice for securing financial obligations.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Catalyst Trusteeship Limited, acting as the Security Trustee, filed the mandatory disclosure with both stock exchanges where the company's shares are listed. The trustee company is registered in Pune with corporate offices in Mumbai and operates across multiple cities including Delhi, Chennai, Bengaluru, and Hyderabad.

Go Colors , a prominent player in the fashion industry, has received a boost in its credit ratings from ICRA Limited, a leading credit rating agency in India. The company's outlook has been revised from Stable to Positive, signaling improved financial stability and growth prospects.

Key Rating Actions

ICRA has reaffirmed and upgraded various credit instruments of Go Colors, totaling Rs. 225 crore. Here's a breakdown of the rating actions:

Implications of the Rating Action

The reaffirmation of short-term ratings at ICRA A1 for both unallocated limits and letter of credit facilities indicates a strong degree of safety regarding timely payment of financial obligations. This rating carries the lowest credit risk in the short term.

The long-term rating for cash credit facilities, while maintaining the ICRA A rating, has seen an upgrade in outlook from Stable to Positive. This change suggests that ICRA anticipates a potential rating upgrade in the near to medium term, based on expected improvements in Go Colors' credit profile.

What This Means for Go Colors

The positive outlook revision is a significant development for Go Colors. It reflects the company's:

1. Improved financial stability
2. Enhanced creditworthiness
3. Potential for better terms on future borrowings
4. Increased confidence from lenders and investors

This rating action may facilitate Go Colors' access to capital at more favorable terms, supporting its growth strategies and operational expansion plans.

Investor Considerations

For current and potential investors in Go Colors, this rating upgrade serves as a positive indicator of the company's financial health and future prospects. However, it's important to note that credit ratings are just one aspect of a company's overall financial picture. Investors should consider a range of factors, including market conditions, industry trends, and company-specific developments, when making investment decisions.

Go Colors' ability to maintain and further improve its credit profile will be crucial in the coming months, as ICRA and other stakeholders will be closely monitoring the company's performance to justify the positive outlook.