JSW Paints 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.
JSWDULUX · price
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JSW Paints Limited, the promoter of JSW Dulux Limited (formerly Akzo Nobel India Limited), has submitted a disclosure confirming it holds 2,78,71,723 equity shares as of March 31, 2026. The filing certifies compliance with Regulation 31(4) of the SEBI Takeover Regulations, which requires promoters to declare their shareholding and encumbrance status periodically. The disclosure specifically confirms that none of the promoter-held shares are encumbered, either directly or indirectly. This filing was submitted to NSE, BSE, and the company's Audit Committee on April 1, 2026.
The confirmation of unencumbered promoter shares is a positive signal — it indicates promoter commitment without pledged collateral, reducing risk of forced selling or dilution for minority shareholders.