The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 07, 2025 for Mona Anandbhai Desai
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Mona Anandbhai Desai, a promoter of Anupam Rasayan India Ltd, has released a pledge on 20,50,000 equity shares (1.86% of total share capital) that were earlier pledged with Standard Chartered Capital Ltd. and Aditya Birla Finance Ltd. The release was effected on June 4, 2025, and disclosed to the exchanges on June 7, 2025. After the release, her encumbered (pledged) shares stand at zero, while her total holding in the company remains unchanged at 41,40,625 shares (3.77% of share capital). The disclosure was filed under Regulation 31(2) of SEBI's SAST Regulations, 2011.
This is a positive development for shareholders, as it reduces the pledging level of the promoter group, signaling lower financial stress and reduced risk of forced share sales. Pledges being released generally improve promoter credibility and are viewed favorably by the market.