Agile Electric Sub Assembly Private 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.
IGARASHI · price
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Agile Electric Sub Assembly Private Limited, part of the Promoter Group of Igarashi Motors India Limited (IMIL), has filed a disclosure under SEBI Regulation 31(4). The filing confirms that the company holds 1,71,42,121 equity shares representing 54.46% stake in IMIL. Importantly, the disclosure states that neither Agile Electric nor the Promoter, Promoter Group, and Persons Acting in Concert (PAC) have created any encumbrance (pledge) on their shares during the financial year ended 31st March 2026. This is a routine compliance filing under takeover regulations.
This is a positive disclosure for shareholders as it confirms promoters have not pledged additional shares, which could otherwise signal potential selling pressure or dilution concerns. The promoter holding remains intact at 54.46%.