Raksha Valia Pledges 6.5 Lakh Sun Pharma Shares to Citicorp Finance

Raksha Valia, a person acting in concert with

tical Industries Limited, pledged 6,50,000 equity shares of the company in favor of Citicorp Finance (India) Limited, as per a regulatory filing dated August 2, 2025. The pledged shares represent 0.027% of Sun Pharma’s total share capital. Following this transaction, Raksha Valia’s total encumbered shares in Sun Pharma have risen to 1,26,40,000 equity shares, accounting for 0.527% of the company’s total share capital. Prior to this pledge, Valia held 2,88,30,352 shares, equivalent to 1.20% of the total share capital, with 1,19,90,000 shares already encumbered, representing 0.499% of the total share capital. The shares were pledged as security for a loan facility availed by a third party, according to the filing. This move reflects ongoing financial arrangements involving key stakeholders of Sun Pharma, one of India’s leading pharmaceutical companies.