Brij Rattan Bagri 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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Brij Rattan Bagri, Chairman and Promoter of BLB Limited, has filed a Regulation 31(4) disclosure on behalf of the entire Promoter and Promoter Group. The filing confirms that the promoter group collectively holds 2,41,95,548 equity shares in BLB Limited. The key declaration states that no encumbrance — direct or indirect — has been placed on the shares held by the promoter group during the financial year ending 31 March 2026. This is a routine compliance filing made to both NSE and BSE, and the promoter group includes entities such as BRSB Securities Pvt Ltd, Bagri MBRB Securities Pvt Ltd, and BLB Growth Ventures Pvt Ltd alongside individual family members.
The disclosure is a positive signal for investors as it confirms no pledge or encumbrance on promoter shares, indicating a healthy promoter holding structure with no immediate risk of share dilution or forced sale.