Hariom Pipe Industries 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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Hariom Pipe Industries Limited has submitted the annual disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the financial year ended March 31, 2026. The Promoter and Managing Director, Rupesh Kumar Gupta, has declared that the Promoter(s), Promoter Group, and Persons Acting in Concert (PAC) have NOT created any encumbrance over their shares during FY 2025-26. The filing includes a full list of 17 promoter/promoter group entities holding a total of 17,732,924 shares, with the largest individual holders being Rupesh Kumar Gupta (4,473,847 shares) and Sailesh Gupta (3,216,222 shares). This is a positive confirmation that no pledge or charge was placed on promoter shares during the period.
The absence of any share encumbrance is a reassuring sign for investors, indicating that promoter holdings are free from pledged collateral and therefore not at risk of forced sale due to margin calls or loan defaults.