Rainbow Investments 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.
HARRMALAYA · price
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Awaiting price reaction for this filing.
Rainbow Investments Limited, part of the promoter group of Harrisons Malayalam Limited, has submitted a declaration under SEBI Regulation 31(4) confirming that none of the promoters or persons acting in concert (serial nos. 23-27) have created any encumbrance, pledge, or lien on their shares as of March 31, 2025. The total promoter group holds 99,87,898 shares, representing 54.12% of the company's share capital. Major holders within the promoter group include Rainbow Investments at 24.96%, Vayu Associates LLP at 20.56%, and Swallow Associates LLP at 5.48%. Other promoter entities (serial nos. 1-22 and 28-33) will file their own separate declarations.
This is a routine regulatory compliance filing that signals the promoter group's shares are not pledged or encumbered, which is a neutral-to-positive indicator for shareholders as it means promoters retain full beneficial ownership without collateral-related risk.