Igarashi Electric Works (H.K) 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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Igarashi Electric Works (H.K.) Ltd, part of the Promoter Group of Igarashi Motors India Limited, has submitted a disclosure confirming that they hold 24,99,993 equity shares representing 7.94% stake in the company. The filing specifically declares that neither the company nor the Promoter Group nor any Person Acting in Concert has created any encumbrance, directly or indirectly, on their shareholding during the financial year ended 31st March 2026. This is a routine negative pledge disclosure submitted under SEBI regulations.
This is a neutral to slightly positive disclosure for investors as it confirms no additional pledge has been created on promoter shares during the year, reducing risk of potential forced selling. The promoter group continues to hold 7.94% in the company.