Almeida Holdings Private 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.
GMBREW · price
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Almeida Holdings Private Limited, on behalf of the promoters of GM Breweries Limited, has submitted a declaration confirming that none of the shares of the company have been encumbered as of March 31, 2026. The promoters signing the disclosure include Jimmy Almeida, Kashyap Almeida, and Iyoti Almeida. This is a standard regulatory filing required under SEBI's substantial acquisition and takeover regulations to maintain transparency on promoter share pledging. The company trades on NSE (Code: GMBREW) and BSE (Code: 507488).
A clean non-encumbrance declaration is generally positive for shareholders as it indicates promoters have not leveraged their shareholding for loans, reducing risk of sudden share sale pressure.