BOROLTDNSEBorosil LimitedMediumNeutral
Announced Tue, 5 May · 17:09 IST

Pradeep Kumar Kheruka 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.

Ownership Changes View source PDF

BOROLTD · price

Loading chart…

▲ 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
+0.4%1-day move
₹256.99
prior close
₹255.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4-0.1+0.4-0.5+0.4+0.7-5.8-8.6-8.3-10.5-13.2-14.6-7.0
Up moveDown movePending
AI summary

Pradeep Kumar Kheruka, a promoter of Borosil Limited, has submitted a negative pledge confirmation to the exchanges. The disclosure confirms that neither the promoter nor any Persons Acting in Concert (PACs) have created any encumbrance (pledge) on their equity shares during the financial year 2025-26. As of March 31, 2026, NIL equity shares are encumbered by the promoters. The filing includes details of 11 promoter group entities including individuals (Kiran Kheruka, Rekha Kheruka, Pradeep Kumar Kheruka, Shreevar Kheruka, Alaknanda Ruia) and entities (Gujarat Fusion Glass LLP, Spartan Trade Holdings LLP, Associated Fabricators LLP, Sonargaon Properties LLP, Croton Trading Private Limited).

Likely market impact

This is a positive confirmation for investors as it indicates promoters have not pledged their shares, meaning no risk of forced selling due to margin calls. The company remains compliant with SEBI disclosure norms.