J.K. Investors (Bombay) Limited has filed a disclosure regarding the creation of an encumbrance on its shares in Raymond Lifestyle Limited. On March 16, 2026, 700,000 shares, representing 1.15% of the total share capital, were pledged. This action was taken as collateral for loans secured by the Company or its Group Companies. The reporting date for this event is March 23, 2026.
Regulatory Filing on Share Encumbrance
J.K. Investors (Bombay) Limited submitted a mandatory disclosure to the stock exchanges and Raymond Lifestyle Limited concerning the creation of an encumbrance on its holdings in Raymond Lifestyle Limited (formerly Raymond Consumer Care Limited). This filing adheres to the requirements under Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Details of Encumbrance Creation
The disclosure highlights a single event of creation:
- Date of Creation: March 16, 2026
- Nature of Event: Pledge Create
- Shares Encumbered: 700,000 shares
- Percentage of Capital: 1.15% of total share capital
- Reason: Collateral for loans taken by the Company/Group Companies.
- Lender/Beneficiary: STCI FINANCE LIMITED
Shareholding Post-Encumbrance
Following this creation event, the holding of J.K. Investors (Bombay) Limited in the target company changed. The total number of encumbered shares increased to 6,608,676 shares, which now represents 10.85% of the total share capital. Prior to this event, J.K. Investors (Bombay) Limited held 5,908,676 shares (9.70%) under encumbrance.
Overall Promoter Holdings
The filing also summarizes the existing holdings of the promoter group entities as of the reporting date, March 23, 2026. J.K. Investors (Bombay) Limited directly holds 23,165,400 shares (38.02%). Other listed promoter/PAC holdings, such as J.K. Investors Trade (India) Limited and various individual family members/trusts, showed no new encumbrances reported on this specific date.
Source: BSE
