Kanaksinh Bhurubha Rana 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.
GTPL · price
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Kanaksinh Bhurubha Rana, a promoter of GTPL Hathway Limited, has submitted a declaration to BSE and NSE confirming that no encumbrance was created on the company's shares held by them during financial year 2025-26. This filing is a regulatory requirement under SEBI's Takeover Regulations. The declaration covers both direct and indirect shareholding. The promoter holds shares in GTPL (NSE: GTPL, BSE: 540602). The filing was made on April 3, 2026.
This is a positive disclosure indicating the promoter has not pledged or hypothecated their shares, which reduces risk for other shareholders. It signals financial stability of the promoter group and removes concerns about potential share sales triggered by margin calls.