Electrotherm (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.
ELECTHERM · price
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Electrotherm's promoter group, Western India Speciality Hospital Limited and director Shailesh Bhandari, have declared that no new share encumbrances were created during the financial year ended 31st March 2026. As part of a Family Settlement Agreement dated 29th March 2025, Mukesh Bhandari will transfer 8,09,500 equity shares (6.35%) to Shailesh Bhandari via off-market inter-se transfer, after shares are free from any attachment or encumbrance. Additionally, Mrs. Jyoti Bhandari executed a gift deed for 2,01,525 shares to Mrs. Reema Bhandari, with the transfer also under process. These are internal family re-alignments of promoter holdings.
This is a routine regulatory disclosure confirming no new pledges were created. The pending family settlement will shift 6.35% stake between promoter families, which may affect the relative shareholding balance between different promoter groups. No immediate impact on stock, but shareholders should monitor subsequent shareholding pattern changes.