BABA KALYANI 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.
BHARATFORG · price
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Baba Kalyani, Chairman & Managing Director of Bharat Forge Limited, has filed a nil-encumbrance declaration with the stock exchanges under SEBI Regulation 31(4). The disclosure confirms that no new pledges or encumbrances have been created on the aggregate promoter/promoter group shareholding during the Financial Year 2025-26 (April 1, 2025 to March 31, 2026), beyond what was already disclosed earlier. The declaration covers 28 entities including KSL Holdings, multiple investment companies, family trusts, and members of the Kalyani family. This is a routine regulatory compliance filing by the company's top leadership.
Positive signal for investors — the absence of new encumbrances on promoter holdings reduces risk of potential share sale pressure. The full promoter group remains unpledged as of the reporting period.