Atlas Cycles (Haryana) 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.
ATLASCYCLE · price
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Atlas Cycles promoter group has submitted an annual declaration confirming that no new share encumbrances (pledges) were created during the financial year ending March 2026. The declaration covers all 30+ entities in the promoter group including individual promoters like Sanjay Kapur, Prashant Kapur, and related companies such as Limrose Engineering Works Pvt Ltd and Milton Cycle Industries Ltd. The filing states any encumbrances are limited to those already disclosed previously. This is a routine regulatory compliance filing under SEBI's takeover regulations requiring promoters to declare pledge activity annually.
This is a routine negative declaration with no immediate impact on the stock. The absence of new pledges indicates promoter confidence and no additional risk of share pledging affecting promoter holdings.