Eimco Elecon (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.
EIMCOELECO · price
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Awaiting price reaction for this filing.
Eimco Elecon (India) has submitted to NSE and BSE the annual disclosure under Regulation 31(4) of the SEBI Takeover Regulations for FY ended 31st March 2025. The filing lists 12 promoter and promoter-group entities along with their shareholdings in the company. The largest holders are Aakaaish Investments Pvt Ltd (24.91%) and Elecon Engineering Company Ltd (16.62%), followed by K.B. Investments (6.74%). All entities have confirmed that they have not created any new encumbrance (pledge) on their shares in Eimco Elecon during the financial year, except Power Build Pvt Ltd which noted encumbrances already disclosed earlier in the year. The total promoter-group holding adds up to roughly 49% of the company.
This is a routine annual compliance filing, not a new corporate action. It reassures shareholders that promoters have not pledged any additional shares during the year, which is mildly positive for sentiment. Investors should note that the total promoter holding stands below the 50% majority threshold, leaving the company more exposed to potential creeping acquisition activity.