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
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Awaiting price reaction for this filing.
Pradeep Kumar Kheruka, on behalf of the promoters and persons acting in concert of Borosil Limited, has submitted a declaration under SEBI's Takeover Regulations confirming that no encumbrance (such as pledge or lien) was created on the equity shares held by them during the financial year ended March 31, 2025. The declaration further states that as on March 31, 2025, zero (NIL) equity shares of Borosil Limited are encumbered by the promoter group. The promoter list includes 11 entities/individuals, including members of the Kheruka family and several promoter-group LLPs.
This is a routine annual compliance filing with a reassuring outcome: promoter holdings are completely free of any pledge or encumbrance, which removes any near-term risk of forced selling or margin pressure on the stock from the promoter side.