Calleis Constructions Private 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.
Awaiting price reaction for this filing.
Calleis Constructions Private Limited, part of the Promoter Group of Indiabulls Enterprises Limited, has filed a declaration under SEBI Regulation 31(4) confirming that neither it nor any Persons Acting in Concert (PAC) created any encumbrance (pledge) on the shares held in the company during FY 2024-25. As on March 31, 2025, the aggregate Promoter Group holding stood at 7,20,28,726 equity shares, representing 36.12% of the total paid-up and voting share capital. This entire holding is free of any encumbrance, meaning no promoter shares are currently pledged with any lender.
This is a positive signal for shareholders — the entire 36.12% promoter stake is unpledged, which eliminates near-term risks of forced share sales due to margin calls or pledge invocation, lending stability to the stock.