Ambika Cotton Mills 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.
AMBIKCO · price
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Awaiting price reaction for this filing.
The company has filed a regulatory disclosure confirming that the promoters' equity shares held in demat accounts carry no encumbrance (no pledge, lien, or charge). Promoter P.V. Chandran holds 5,99,784 shares (10.47%) and his spouse C. Bhavani holds 22,72,566 shares (39.70%), together totalling 28,72,350 shares or 50.17% of the company's equity. This is a routine annual filing under SEBI takeover regulations to declare that the promoter shareholding remains fully unencumbered.
Positive/confirmation – shareholders are reassured that promoter shares are not pledged or locked-in, reducing concerns over forced selling risk. The promoter group remains comfortably above the 50% threshold, indicating continued controlling ownership.