Vayu R. Garware 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.
GARFIBRES · price
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Vayu Ramesh Garware, Promoter of Garware Technical Fibres Limited, has disclosed his and persons acting in concert (PAC) shareholding as on 31st March 2026. The promoter group collectively holds 52,970,480 shares representing 53.36% of the total share capital. The disclosure specifically confirms that no encumbrance (pledge) was created, directly or indirectly, on the shares held by the promoter group during the financial year 2025-26. The holding includes shares held by Vayu Ramesh Garware personally (6.20%) and various promoter group entities including Garware Capital Markets Limited (18.34%).
The confirmation of no new pledge creation is a positive signal for minority shareholders as it indicates the promoter group has not leveraged their shares for borrowing. With 53.36% holding, the promoter group maintains control above the 50% threshold.