Disclosure under Regulation 31(4) of SEBI SAST regulations 2011
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The promoters and promoter group of LWS Knitwear, along with persons acting in concert, have filed a declaration under SEBI's takeover regulations. As of 31 March 2025, they collectively hold 8,550,578 equity shares, representing a 58.44% stake in the company. They have confirmed that no encumbrance (such as a pledge or lien) was created on these shares during the financial year ending 31 March 2025. The disclosure was signed by Girish Kapoor, Promoter and Managing Director, on behalf of himself, Kusum Kapoor, and other promoter group members.
This is a routine compliance filing. It reassures shareholders that the promoter group's 58.44% stake remains unencumbered, with no pledging or lock-in changes during the year, meaning no near-term risk of forced share sales from the promoter side.