J.K. Investors (Bombay) Limited has announced the creation of an encumbrance on shares of Raymond Limited. This involves a pledge of 500,000 shares, representing 0.75% of the total share capital, as collateral for loans. Following this event, the total number of encumbered shares stands at 3,062,471, which is approximately 4.60% of the total share capital. The pledge was executed on January 8, 2026.
Details of Encumbrance
An encumbrance was created on shares held in Raymond Limited by J.K. Investors (Bombay) Limited on January 8, 2026. The specific mechanism was the creation of a pledge.
Extent of the Pledge
A total of 500,000 shares were pledged, representing 0.75% of Raymond Limited’s total share capital. This pledge serves as collateral for loans taken by the company and its group companies. The lender is Bajaj Finance Limited.
Post-Event Shareholding
Following this transaction, the total number of encumbered shares held by J.K. Investors (Bombay) Limited in Raymond Limited amounts to 3,062,471 shares, which is equivalent to 4.60% of the total share capital.
Impact on Other Holdings
There was no encumbrance created or invoked on shares of Raymond Limited held by J.K. Investo Trade (India) Limited or J.K. Helene Curtis Limited.
Source: BSE
