Ashok Kumar Todi 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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Ashok Kumar Todi, on behalf of all promoters and the promoter group of Lux Industries, has filed the annual disclosure required under SEBI's Takeover Regulations. He confirms that no encumbrance (pledge, lien, or similar charge) was created on any shares held by the promoters or persons acting in concert during the financial year ended March 31, 2025. The annexure shows the total promoter group holds 22,311,063 shares, or about 74.19% of the company's equity, with zero pledged shares and zero locked-in shares across all promoter entities. Individual promoter holdings range from Pradip Kumar Todi at 14.68% to smaller family members at under 1%.
This is a routine, positive compliance filing. Shareholders can take comfort that no promoter shares are pledged, which removes a common source of concern about forced selling or margin calls. The promoter group continues to hold a strong majority stake of over 74%, indicating stable promoter control with no dilution pressure from this disclosure.