Royal Sense Limited has announced the release of a pledge on 10,00,000 (Ten Lakh) equity shares held by its promoter, Rishabh Arora. These shares were previously pledged in favor of Comfort Securities Limited for financial assistance. This disclosure, made under SEBI regulations, signifies a change in the promoter’s direct holdings and potential reduction in encumbrances.
Promoter Share Pledge Released
Royal Sense Limited has officially disclosed the release of a significant portion of its promoter’s shareholding from a pledge. Promoter Rishabh Arora has had 10,00,000 equity shares, representing 18.69% of the total share capital, released from a pledge. This action was undertaken in favor of Comfort Securities Limited.
Disclosure Details
The disclosure, dated September 21, 2026, is made in accordance with Regulation 31(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The shares were released on September 17, 2026, following their original pledge for financial assistance. Prior to this release, the promoter held 32,90,140 shares, representing 61.50% of the total share capital. After the release, the promoter’s holding remains at 32,90,140 shares, with the pledged portion now reduced to NIL, thereby improving the direct unencumbered shareholding.
Source: BSE
