Igarashi Electric Works 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 Limited, the holding/promoter entity based in Japan, has filed a disclosure under SEBI Regulation 31(4) of the Takeover Regulations. The company holds 39,64,174 equity shares representing 12.59% stake in Igarashi Motors India Limited (IMIL). This filing specifically relates to disclosure of encumbrances (pledges) on the promoter's shareholding during the financial year ended 31 March 2026. The disclosure was submitted to both BSE and NSE. The exact percentage of shares under pledge is not explicitly stated in this filing.
The filing indicates that a portion of the promoter's 12.59% stake in IMIL is likely pledged as collateral. Until the exact pledge percentage is revealed, the risk of pledge invocation remains a watch item for investors.