Disclosure under SEBI Takeover Regulations

Rama Phosphates Limited has announced a disclosure under SEBI Takeover Regulations 31(4) regarding promoter share pledges. Promoter Haresh D. Ramsinghani reported that 3,538,642 equity shares of the company have been pledged in favor of lenders. This pledge was effective as of March 31, 2026, and the disclosure confirms no other encumbrances by promoters or persons acting in concert. For investors, this indicates that a portion of the promoters' equity is being used as collateral to secure financing, a standard practice requiring transparent disclosure.