BASMLNSEBannari Amman Spinning Mills Limited· Textiles - CottonLowNeutral
Announced Thu, 2 Apr · 18:17 IST

S V ARUMUGAM 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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.9%1-day move
₹20.50
prior close
₹20.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-0.1-0.4+0.3+2.9+8.1+7.4+10.6+8.7+9.0+14.9+24.4+20.7+30.2
Up moveDown movePending
AI summary

S V Arumugam, a promoter of Bannari Amman Spinning Mills Limited, has submitted a routine periodic disclosure confirming he holds 8,49,071 equity shares (1.06% of total shareholding). The key declaration states that he has NOT created any encumbrance (pledge) on these shares during the Financial Year ended 31 March 2026. This filing is submitted annually by promoters under SEBI SAST Regulations. The disclosure is essentially a 'nil' report on share pledging activity.

Likely market impact

This is a routine compliance filing with no immediate impact on the stock. The confirmation that no pledge exists removes any concern about potential forced selling pressure from a pledged promoter holding. Positive for shareholders as it indicates the promoter's shares are unencumbered.