Balkrishna Paper Mills 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.
BALKRISHNA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Anurag P. Poddar, on behalf of the Promoter and Promoter Group, has submitted a declaration to the exchanges confirming that no encumbrance (pledge) was created on their shareholding during the financial year ended 31st March 2026. The Promoter Group holds 1,93,15,802 equity shares representing 59.95% of the total paid-up equity capital of the company as of 31st March 2026. This is a negative declaration filed as per SEBI (SAST) Regulations, 2011, which requires promoters to confirm whether or not they have created any encumbrance on their shares during the specified period.
The absence of new encumbrances on the promoter stake is a positive signal for minority shareholders, indicating the promoters have not leveraged their holding for loans. The comfortable promoter holding above 59% provides stability in control.