Jyotsana 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.
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Jyotsna Kulkarni, promoter of Kirloskar Oil Engines Limited, has submitted a declaration under Regulation 31(4) of the SEBI Takeover Code confirming that neither she nor the Promoter Group created any encumbrance (pledge) on their KOEL shares during the Financial Year ended 31 March 2026. The disclosure includes a detailed annexure listing 31 entities in the promoter group. The table shows that most entities hold no direct shares, while Kirloskar Industries Limited holds 82,10,439 shares (5.65% of total) with zero shares pledged or encumbered as of March 31, 2026.
This is a routine positive compliance filing confirming that promoter holdings remain free of any new pledges or encumbrances. This should be seen as a sign of promoter confidence in the company, with no immediate impact on the stock. Shareholders can note that the promoter group has not leveraged their shareholding position.