Nadir Godrej 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.
GODREJIND · price
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Awaiting price reaction for this filing.
Nadir Godrej, on behalf of the promoter and promoter group of Godrej Industries, has filed a yearly compliance declaration confirming that no promoter or person acting in concert has created any new encumbrance (such as a pledge or lien) on their shares during FY2024-25. The filing recaps existing encumbrances from a March 26, 2020 Shareholders Agreement, under which shares held by his children — Burjis Godrej (1.69%), Sohrab Godrej (1.57%), and Hormazd Godrej (0.51%) — carry transfer restrictions with voting rights vested in Nadir Godrej. It also notes a small FY2020-21 inter-family transfer of 3.6 lakh shares to Hormazd Godrej, which was disclosed at that time. The annexure lists 54 promoter group entities, including family members, trusts, and promoter group companies.
This is a routine annual compliance filing with no new encumbrance, pledge, or change in promoter holdings. It is neutral for shareholders and should not affect the stock price, though it serves as confirmation that the promoter group's shares remain free of new encumbrances for the year.