Granules 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.
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Dr. Krishna Prasad Chigurupati, Chairman and Promoter of Granules India Limited, has submitted a declaration under SEBI Regulation 31(4) confirming that no new encumbrances (pledges) on shares of the company were created during the financial year ended March 31, 2026, beyond what was already disclosed earlier. The filing covers Dr. Chigurupati along with 10 other entities in the Promoter and Promoter Group, including family members and Tyche Investments Private Limited. This is a routine compliance filing to affirm the status of share pledges by the promoter group.
The declaration indicates no fresh pledging activity by promoters, which is a positive signal for shareholders as it suggests no immediate risk of promoter stake dilution through encumbrances. This filing maintains transparency on promoter shareholdings.