This is continue to Announcement dated 2nd April, 2025, in term of regulation 30(3) of SEBI (Substantial Acquisition of Share and Takeovers) Regulation, 2011 we here by submit the annual ....
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Hittco Tools Limited filed its annual disclosure for FY25 under SEBI Takeover Regulations, detailing the promoter group's shareholding as of March 31, 2025. Promoter and Managing Director Surendra Bhandari holds 16.25% (10,00,684 shares), making him the largest individual holder. Other promoter group members include Madhu Bhandari (1.14%), Yashvardhan Bhandari (1.93%), Sidharth Bhandari (0.31%), and Hittco Properties LLP (6.00%). The total promoter group holding stands at 25.63% (15,78,891 shares) of the company's share capital. The promoter has also confirmed that no encumbrance or pledge has been created on the company's securities held by them.
This is a routine annual compliance filing with no change in promoter holdings reported. Investors should note that the promoter group's collective stake of 25.63% is well below 50%, meaning the company does not have a majority-controlling promoter, which could leave it more susceptible to takeover activity or influence from non-promoter shareholders.