HBSLNSEHB Stockholdings LimitedLowNeutral
Announced Fri, 27 Jun · 14:52 IST

LALIT BHASIN 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.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Lalit Bhasin, promoter of HB Stockholdings Limited, has filed his annual declaration under SEBI Regulation 31(4) for FY ending 31st March 2025. He has confirmed that he and all Persons Acting in Concert (PACs) have not created any direct or indirect encumbrance (pledge or lien) on the company's shares during the year. As on 31st March 2025, Lalit Bhasin individually holds 36,78,691 equity shares (51.54%), while the total promoter and PAC holding stands at 37,98,335 shares or 53.22% of the company. This is a routine annual compliance filing, not a new transaction.

Likely market impact

This is a routine annual compliance disclosure with no change in promoter holdings or any new encumbrance, so there is no immediate impact on the stock price. The promoter group continues to hold a comfortable majority stake of 53.22%, reaffirming control of the company.