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.
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Jyotsna Kulkarni, a promoter of Kirloskar Pneumatic Company Limited, has submitted a declaration under SEBI Takeover Code Regulation 31(4) confirming that neither she nor any member of the promoter group created any encumbrance (pledge, lien, or charge) on KPCL shares during the financial year ended March 31, 2025. The accompanying annexure lists the shareholdings of all 32 promoter group entities, with the largest single holding being Kirloskar Industries Limited at 9.90% (64,22,990 shares). No shares across the promoter group are shown as pledged or encumbered as of March 31, 2025. This is a routine annual SEBI compliance filing required from promoters each year.
This is a neutral, routine regulatory filing with no impact on share price. It reassures shareholders that the promoter group has not pledged or encumbered any of their KPCL holdings during the year, indicating no liquidity stress on the promoter side.