Borosil 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.
BOROLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pradeep Kumar Kheruka, Promoter of Borosil Limited, has submitted a confirmation to BSE and NSE under Regulation 31(4) of SEBI Takeover Regulations. The disclosure confirms that as on March 31, 2026, the promoters and persons acting in concert (PAC) have NOT created any encumbrance (pledge) on their shares during the financial year 2025-26. The letter further confirms NIL equity shares of Borosil Limited are encumbered as of that date. The filing includes a list of 11 entities classified as promoters/PAC including family members and related LLPs.
Positive signal for shareholders as the absence of promoter share pledges reduces risk of forced selling pressure. This negative confirmation (no encumbrances) indicates promoter confidence in the company without leveraging their holding.