The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shirdi Sai Electricals Ltd
INDOTECH · price
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Shirdi Sai Electricals Ltd, part of the promoter group of Indo Tech Transformers Ltd, has released a pledge on 7,50,000 equity shares (7.06% of total share capital). The shares were earlier pledged with NM Finance & Investment Consultancy Ltd as security for a loan, and all outstanding dues have now been fully repaid. Post-release, the promoter group's encumbered holdings reduce to 33,91,036 shares (31.93% of capital), down from 41,41,036 shares (38.99%) earlier. The promoter entity's total holding in the company remains unchanged at 79,65,000 shares (75%). The release was effected on 20 November 2025.
This is a positive development for shareholders — the promoter has fully repaid the loan and freed up pledged shares, reducing the risk of any forced sale or invocation. The overall promoter stake remains intact at 75%, signalling continued promoter confidence in the company.