Rahul 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.
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Rahul Kirloskar, on behalf of himself and the promoter group of Kirloskar Industries, has filed an annual declaration under Regulation 31(4) of the SEBI Takeover Code. He confirms that no encumbrance (pledge, lien, or similar charge) was created, directly or indirectly, on shares of KIL held by the promoter group during the financial year ended 31 March 2025. The attached annexure lists each promoter group member's shareholding and confirms that no shares are pledged or encumbered as of 31 March 2025. Key holdings include Rahul Kirloskar at 17.76%, Atul Kirloskar at 14.51%, and Alpana Kirloskar at 6.81%.
This is a routine positive compliance filing — it signals that the promoter group has not added any new pledge on their holdings, indicating no immediate financial stress or leveraged selling pressure. Shareholders can take comfort from the absence of fresh encumbrances on promoter shares.