Jyotsna Kulkarni 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.
KIRLOSBROS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jyotsna Kulkarni, a promoter of Kirloskar Brothers Limited (KBL), has filed a declaration under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The filing confirms that neither she nor any member of her promoter group created any encumbrance (pledge, lien, or charge) on their KBL shares during the financial year ended March 31, 2025. The accompanying Annexure 1 lists 32 promoter group entities and individuals along with their shareholdings, with key holdings including Kirloskar Industries Limited at 23.91% (1,89,88,038 shares) and Jyotsna Kulkarni personally at 0.56% (4,41,805 shares). Across all listed promoter group members, zero shares are reported as pledged or encumbered as of March 31, 2025.
This is a routine annual compliance filing and is neutral-to-marginally positive for shareholders, as it confirms promoters are not pledging shares — reducing concerns of any financial stress on the promoter group. It is unlikely to have a material impact on the stock price.