Rajapalayam Mills Limited has formally increased its pledged shares of The Ramco Cements Limited as of March 24, 2026. An additional 10,000 equity shares have been pledged to M/s. Barclays Investments & Loans (India) Pvt. Ltd. This is an increment to the existing encumbrance of 14,90,000 shares. The total post-event pledged holding by the promoter group now stands at 8.04% of the total share capital.
Shareholding Update on Encumbrance
Rajapalayam Mills Limited has issued a formal disclosure concerning the creation of a pledge on its holdings in The Ramco Cements Limited. This action was finalized on 24-03-2026, pursuant to the regulatory filings required for promoters holding substantial stakes.
Details of the New Pledge Transaction
The key event involves the creation of a pledge covering an additional 10,000 equity shares of The Ramco Cements Limited. This new encumbrance is in favor of M/s. Barclays Investments & Loans (India) Pvt. Ltd. The stated reason for this creation is for Additional Comfort for borrowing.
This 10,000 share pledge is in addition to the 14,90,000 shares that were already pledged. The total number of shares pledged by M/s. Rajapalayam Mills Limited post-event is now 1,89,91,625, representing 8.04% of the total share capital of The Ramco Cements Limited.
Promoter Group Encumbrance Summary
The disclosure table details the consolidated holdings and encumbrances across the entire promoter and PAC group of The Ramco Cements Limited as of the reporting date, 25-03-2026:
- Total Promoter Holding: 10,05,54,774 shares, equating to 42.54% of the total share capital.
- Total Existing Encumbrance (Before New Pledge): 2,21,72,489 shares, or 9.38% of the total capital.
- Total Post-Event Encumbrance: The total pledged shares across the group amount to 2,21,82,489 shares, constituting 9.39% of the total share capital.
It is noted that the primary pledgee for the largest existing blocks of pledged shares (15,50,864 shares and 16,40,000 shares) remains unstated in the ‘Name of the entity in whose favour shares are encumbered’ column for the other promoter entities.
Source: BSE
