Paras Shantilal Savla 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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Paras Shantilal Savla, along with the Promoter and Promoter group and Persons Acting in Concert (PAC), has disclosed their collective shareholding in Deep Industries Limited. As of March 31, 2026, they hold 4,06,33,694 equity shares representing 63.49% of the company. The disclosure explicitly states that no encumbrance or pledge was created on their shareholdings during the financial year ended March 31, 2026. The filing includes Exhibit-A listing all 14 entities/persons in the promoter group, including individual promoters, family members, family trusts, and Savla Oil and Gas Private Limited (which was merged and dissolved in September 2024).
This is a routine compliance filing confirming promoter holding at 63.49% with no pledge or encumbrance on shares. The absence of any encumbrance is a positive signal for shareholders as it means promoter shares are not leveraged or at risk of being invoked.