Sanjay Kirloskar 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
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Awaiting price reaction for this filing.
Sanjay Kirloskar, on behalf of himself and the promoter group of Kirloskar Brothers Limited, has submitted a declaration confirming that no encumbrance (pledge or any other charge) was created on KBL shares held by the promoter group during the financial year ended March 31, 2025. The detailed annexure lists the shareholding of each promoter group member as of March 31, 2025. Key holdings include Sanjay Kirloskar at 22.48%, Pratima Kirloskar at 17.44%, and Kirloskar Industries Limited at 23.91%, with zero shares pledged or encumbered across all promoter entities. The declaration has been submitted as a compliance requirement under SEBI's takeover regulations.
This is a routine compliance filing and is neutral to mildly positive for shareholders. It confirms that the promoter group has not pledged any of their KBL shares during the year, indicating financial stability and no immediate risk of forced selling or margin calls on promoter holdings.