PATEL NIRAL 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.t
ATLANTAELE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Patel Niral, a promoter of Atlanta Electricals Limited, has submitted a declaration on behalf of the entire promoter and promoter group confirming that no encumbrances (pledges) were created on their shareholding during Financial Year 2025-2026. The promoter group collectively holds 6,71,11,150 equity shares representing 87.27% of total equity. Key holders include Narhari Bhai S Patel Family Trust (43.63%), Atlanta UHV Transformers LLP (12.37%), Amish Krupesh Bhai Patel (8.29%), Patel Niral (8.29%), Late Patel Krupesh Bhai (7.68%), and Patel Tanmay (7.01%). This is a negative disclosure—meaning the promoters are confirming the absence of pledge activity rather than reporting any new pledge creation.
Positive for investors as the disclosure confirms promoters have not pledged their shares, reducing risk of forced sell-offs that could dilute stock value. The high promoter holding of 87.27% remains fully unencumbered.