Carraro India 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.
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Awaiting price reaction for this filing.
Carraro India's promoter group, led by Carraro International SE, has filed its annual declaration under SEBI's Takeover Code for FY ended 31st March 2025. The promoters collectively hold 3,90,95,857 equity shares (approximately 3.91 crore shares) in the company. They have confirmed that no encumbrance or pledge was created on these shares during the financial year. As of 31st March 2025, the entire promoter holding stands unencumbered, with zero shares pledged.
This is a routine compliance filing that confirms the promoter group has not pledged any of their shares or created any encumbrance, which is a positive signal for retail investors as it eliminates near-term risk of forced share sales due to margin calls or pledge invocation.