Hemant Bangur 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.
GLOSTERLTD · price
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Hemant Bangur, Promoter of Gloster Limited, has submitted a declaration confirming that the entire Promoter and Promoter Group holding (totalling approximately 72.66% of share capital) in Gloster Limited has NO encumbrance as of March 31, 2026. This means none of the promoter shares are pledged, liened, or under any other form of security arrangement. The disclosure covers 13 promoter entities including Hemant Bangur, Vinita Bangur, various family HUF entities, trusts, and related corporate entities such as The Oriental Company Limited and Madhav Trading Corporation. This is a positive compliance filing confirming clean promoter shareholding without any debt backed by shares.
This is a reassuring filing for investors as it confirms promoters have not pledged their shares, eliminating risk of forced selling if lenders invoke pledges. The strong 72.66% promoter holding with zero encumbrance signals financial stability in the promoter group.