Geetanjali Vikram 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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Geetanjali Vikram Kirloskar, a promoter of Kirloskar Pneumatic Company Limited (KPCL), has submitted a declaration under Regulation 31(4) of the SEBI Takeover Regulations. She confirms that neither she nor the promoter group created any encumbrance (pledge) on their KPCL shares during the financial year ended 31 March 2026. The accompanying annexure shows the promoter group's shareholding as of 31 March 2026, with only Roopa Javant Gupta holding 6,080 shares (0.01%) while most other promoter entities show zero shareholding. All entries in the pledging column show zero — indicating no shares were pledged or encumbered by any promoter group member as of the reporting date.
No pledge or encumbrance on promoter shares is a positive signal for minority shareholders as it reduces risk of forced share sales. This declaration satisfies regulatory compliance and indicates promoter financial health regarding these shares.