Bikramjit Ahluwalia 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.
AHLUCONT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bikramjit Ahluwalia, a Promoter of Ahluwalia Contracts (India) Limited, has submitted a disclosure confirming that the Promoters along with Persons Acting in Concert (PAC) hold 3,70,55,977 equity shares in the company. The disclosure certifies that no encumbrance (pledge or loan against shares) has been created over these shares, either directly or indirectly, for the financial year ended March 31, 2026. This is a routine regulatory filing under SEBI takeover regulations to maintain transparency on promoter shareholding and any encumbrances.
Positive for existing shareholders as the absence of pledged shares reduces the risk of forced selling by promoters. This indicates the promoters have sufficient liquidity without needing to use shares as collateral, suggesting financial stability.