J.K. Investors (Bombay) Limited has issued a revised disclosure regarding the encumbrance of shares in Raymond Lifestyle Limited. The update corrects a typographical error in the total number of shares already encumbered by the promoter, adjusting the figure to 6,608,676. This disclosure details the creation of pledges by the promoter entity, reflecting its ongoing financial commitments and collateral arrangements involving Aditya Birla Capital Limited as the lender.
Correction of Disclosure Details
J.K. Investors (Bombay) Limited, a promoter of Raymond Lifestyle Limited, has filed a revised notification to rectify a clerical error in its previous reporting. The correction pertains specifically to the quantity of shares encumbered. The revised data confirms that 6,608,676 shares are currently under encumbrance, replacing the previously stated figure of 6,008,676 shares.
Details of Share Encumbrance
As of the reporting date of April 16, 2026, the promoter entity J.K. Investors (Bombay) Limited holds a total of 23,165,400 shares in Raymond Lifestyle Limited, representing a 38.02% stake. The encumbered portion of 6,608,676 shares constitutes 10.85% of the company’s total share capital. The creation of these pledges occurred on March 17, 2026, specifically to serve as collateral for loans taken by the company and its group entities, with Aditya Birla Capital Limited acting as the primary entity in whose favor the shares are pledged.
Shareholding Overview
Beyond the specific encumbrance mentioned, the disclosure provides a comprehensive view of the promoter group’s holdings in Raymond Lifestyle Limited. Other entities, such as J.K. Investo Trade (India) Limited (holding 10.87%) and J.K. Helene Curtis Limited (holding 4.72%), maintain their respective stakes without any current encumbrances. The disclosure reaffirms the transparency of shareholding structures among the various trusts and individual promoters associated with the organization.
Source: BSE
