Thai Stanley Electric Public Company 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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Thai Stanley Electric Public Company Limited, part of the promoter group of Lumax Industries, has filed its annual disclosure under SEBI's Regulation 31(4) for FY2024-25. The company holds 162,018 equity shares (1.73%) in Lumax Industries as of March 31, 2025. The key declaration is that Thai Stanley has not created any encumbrance (pledge or similar charge) on these shares during the financial year. This is a routine yearly compliance filing required from every promoter entity owning more than 1% of a listed company.
This is a neutral, routine compliance filing with no material impact on shareholders. It confirms that this promoter entity's small 1.73% stake remains unencumbered, providing modest comfort that there is no immediate pressure from pledged shares by this group member.