Asian Granito India 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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Asian Granito India Limited has submitted a routine annual SEBI compliance filing under Regulation 31(4), where each of its seven promoters individually confirmed that no new encumbrance (pledge or lien) has been created on their shares during FY 2024-25. The promoters and their persons acting in concert (PACs) collectively hold around 4.93 crore equity shares, with Mukeshbhai J. Patel holding the largest chunk at 1,44,99,957 shares and Pankajbhai M. Patel the smallest at 23,76,864 shares. The disclosure was signed on April 4, 2025, and submitted to both BSE and NSE.
This is a neutral-to-slightly-positive disclosure for shareholders, as it confirms promoters have not pledged any additional shares as collateral during the year, indicating no new financial stress on the promoter group. It is a mandatory annual filing and does not signal any change in the company's business or ownership structure.