Arvind Poddar 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.
BALKRISIND · price
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Arvind Poddar, on behalf of all promoters and the promoter group of Balkrishna Industries, has submitted a yearly declaration under SEBI Regulation 31(4). He confirms that no promoter or promoter group entity created any encumbrance or pledge on their shares in the company during the financial year ended 31 March 2025. As on 31 March 2025, zero shares held by any of the 13 promoter and promoter group members are encumbered or pledged. The filing covers all individual promoters (Rajiv Poddar, Arvind Poddar), promoter group individuals, and promoter group entities including holding companies and LLPs.
This is a clean, positive disclosure for shareholders — it removes any near-term overhang risk from forced share sales due to pledged shares being invoked. It signals strong promoter confidence and financial stability at the promoter level.