KRN Heat Exchanger and Refrigeration Limited�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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Awaiting price reaction for this filing.
Promoter Santosh Kumar Yadav, on behalf of the Promoter and Promoter Group of KRN Heat Exchanger and Refrigeration Limited, has filed a compliance disclosure with NSE and BSE as of April 9, 2025. Under Regulation 31(4) of the SEBI Takeover Regulations, 2011, the promoter has confirmed that the Promoter and Promoter Group held shares in the company as of March 31, 2025, and that no encumbrances (such as pledges or charges) were created on those shares, directly or indirectly, at any time during the financial year ended March 31, 2025. The list of 18 promoter and promoter group members, including individuals and KRN Coils Private Limited, has been attached as Annexure A. This is a routine annual compliance filing required of promoters and promoter groups.
This is a neutral, routine compliance filing with no material impact on shareholders. It confirms promoters did not pledge or encumber their shares during FY25, which is a mildly reassuring signal about promoter confidence but does not indicate any change in ownership or stake.