21-Aug-2026      11:21

J. K. Investors released a significant stake in Raymond Lifestyle Limited to repay a loan

J. K. Investors (Bombay) Limited released 86,21,568 shares, representing 14.15% of the total share capital of Raymond Lifestyle Limited, from a pledge on August 17, 2026, as repayment of a loan taken by the company and its group companies, according to a regulatory filing. J. K. Investors (Bombay) Limited previously held 2,31,65,400 shares, equivalent to 38.02% of Raymond Lifestyle Limited's share capital. Aditya Birla Finance Limited held the released shares as the entity in whose favor the shares were encumbered.

News source: Capital Market - Live News