Announced Thu, 22 May · 14:52 IST

�Pilani Investment and Industries Corporation Limited�has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Awaiting price reaction for this filing.

AI summary

Pilani Investment and Industries Corporation Limited (PIICL), the promoter of Aditya Birla Real Estate Limited, has submitted its annual declaration under Regulation 31(4) of SEBI's Takeover Regulations for FY ended 31st March 2025. The declaration confirms that the promoter and persons acting in concert have not created any new encumbrance (pledge or lien) on the company's shares during the year, other than those already disclosed earlier. The promoter group's aggregate shareholding stands at 5,60,77,970 shares, representing 50.21% of the company's total shares, with PIICL itself holding 33.11% as the largest entity in the group.

Likely market impact

This is a routine annual compliance filing that reassures shareholders that the promoter group has not pledged or encumbered any additional shares, signaling stability in promoter ownership. No material impact on the stock is expected from this disclosure itself.