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
ELECON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.6 pts less than Nifty Smallcap 250 and 1.5 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Elecon Engineering Company Limited has filed disclosures from its promoters confirming their shareholding and encumbrance status for FY 2025-26. Power Build Private Limited, a promoter entity, holds 31,920 equity shares (0.01%) and confirms no encumbrance was created on these shares during the year. Trupti Pradip Patel, another promoter, holds 28,62,116 equity shares (1.28%) and similarly confirms no encumbrance was created on her shares during FY ended 31st March, 2026. This is a negative confirmation filing where promoters affirmatively state they have not pledged their shares during the financial year.
This is a routine compliance filing showing no pledge activity by promoters. The absence of any encumbrance disclosure is neutral to mildly positive for shareholders as it indicates promoters have not leveraged their shares for loans, reducing risk of forced selling.