Announced Fri, 8 May · 16:02 IST

Vishal Rangwala 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.

HARSHA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹427.00
prior close
₹416.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+2.9+2.2+1.8-3.7-4.7-6.3-5.2-7.5-5.1-7.9-8.1-1.2
Up moveDown movePending
AI summary

Vishal Rangwala, a Promoter of Harsha Engineers International Limited, has filed a declaration on behalf of all Promoters and Persons Acting in Concert (PAC). The disclosure confirms that no encumbrances — whether direct or indirect — were created over the company's shares during the financial year ending March 31, 2026. The filing covers 38 entities including 4 promoters, 19 promoter group individuals, and 15 promoter group entities (companies, LLPs, and family trusts). This is a routine regulatory compliance filing under SEBI Takeover Regulations.

Likely market impact

A 'nil encumbrance' declaration is positive for investors as it indicates promoters have not pledged shares or created any charges, reducing risk of forced selling. The stock carries no encumbrance overhang.