Lalit Agarwal 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.
AGARIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lalit Agarwal, on behalf of the Promoters and Members of the Promoter Group of Agarwal Industrial Corporation Limited, has submitted a declaration to the exchanges under Regulation 31(4) of SEBI SAST Regulations, 2011 for the financial year ended March 31, 2026. The declaration confirms that neither the declarant nor any other promoter or member of the Promoter Group, along with persons acting in concert (PACs), have created any encumbrance over the shares held by them during FY 2025-26. This is a periodic compliance filing required under SEBI takeovers regulations, copy of which was sent to both BSE and NSE.
The absence of any share encumbrances on promoter holdings is a positive signal for investors as it indicates promoters have not pledged shares to raise debt, reducing risk of forced selling. The stock is listed on BSE (scrip: 531921) and NSE (symbol: AGARIND).