Siddharth Jain 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.
INOXINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Siddharth Jain, Promoter of INOX India Limited, has filed a declaration under SEBI Regulation 31(4) confirming that members of the Promoter Group did not create any encumbrance on their shares during the Financial Year ended 31st March, 2026. The filing covers 13 entities in the Promoter Group including individuals like Kiran Kheruka and Pradeep Kumar Kheruka, and several LLPs such as Associated Fabricators LLP, Azalea Trading LLP, and Borosil Limited. This is a routine negative declaration as mandated by SEBI takeover regulations, essentially confirming no new pledges were placed on promoter shares during the year.
This is a positive disclosure for investors as it confirms promoters have not pledged additional shares, which could otherwise signal potential stake sale or financial stress. The stock faces no immediate dilution risk from promoter-level encumbrances.