Karim Kamruddin Jaria 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.
CROWN · price
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Awaiting price reaction for this filing.
Karim Kamruddin Jaria, Managing Director and Promoter of Crown Lifters Limited, has filed the annual declaration required under Regulation 31(4) of the SEBI Takeover Regulations with NSE. The filing confirms that the Promoter and Promoter Group together held 78,07,500 equity shares (69.56% of the company) as on 31st March 2025, with no encumbrance (pledge, lien, or charge) created on these shares during the financial year. The shareholding is split between Karim Kamruddin Jaria at 46.38% (52,05,000 shares) and Nizar Nooruddin Rajwani at 23.18% (26,02,500 shares), while Nooruddin Savji Rajwani holds zero shares. The disclosure is a routine annual compliance requirement for promoters of listed companies and is addressed to the Listing Department and the Audit Committee.
This is a routine compliance filing and is neutral for the stock. It reassures shareholders that the promoter group has not pledged or encumbered their holdings during the year, which is generally seen as a positive sign of promoter confidence. No change in promoter shareholding is being reported.