Elecon Engineering Company 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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Elecon Engineering Company Limited, the promoter of Eimco Elecon (India), has filed its annual disclosure under SEBI Regulation 31(4) for the financial year ended 31st March 2025. The promoter confirmed that it holds 9,58,426 equity shares (16.62%) in Eimco Elecon and has not created any encumbrance (pledge, lien, or charge) on these shares, directly or indirectly, during FY25. This is a routine yearly compliance filing confirming the promoter's shareholding remained free of encumbrances throughout the year.
This is a neutral-to-slightly-positive disclosure for shareholders, as it confirms the promoter did not pledge any additional shares during the year, meaning no incremental pledging risk has been introduced. It provides reassurance about the clean status of the promoter's 16.62% stake in Eimco Elecon.