Announced Thu, 15 May · 17:33 IST

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.

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rahul Kirloskar, on behalf of himself and the promoter group of Kirloskar Pneumatic Company Limited (KPCL), has submitted a mandatory annual declaration under SEBI Takeover Regulations confirming that no encumbrance (pledge, lien, or any other charge) was created, directly or indirectly, on the shares of KPCL held by the promoter group during the financial year ended 31 March 2025. The accompanying annexure lists the shareholding of 57 promoter group entities, with major holders being Rahul Kirloskar (11.55%), Kirloskar Industries Ltd (9.90%), Atul Kirloskar (9.41%), and Alpana Rahul Kirloskar (3.06%). The column for pledged or encumbered shares stands at zero or blank for all listed entities, indicating a clean shareholding structure with no collateral pledged against promoter shares.

Likely market impact

This is a routine compliance filing and is a positive, neutral signal for shareholders. It reassures investors that the promoter group has not pledged any of their KPCL shares as collateral during the year, reducing the risk of forced share sales or margin calls that could pressure the stock price.