Vinay Premnarayan Maheshwari 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.
MAHESHWARI · price
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Awaiting price reaction for this filing.
Vinay Premnarayan Maheshwari, Whole-time Director and promoter of Maheshwari Logistics, has filed the annual disclosure for the financial year ended March 31, 2025. On behalf of all promoters and the promoter group, he confirmed that no new encumbrances (such as pledges or liens) were created on their shares in the company during FY25, apart from anything already reported earlier. The filing lists 17 promoter and promoter group members, with the largest holders being Mukta Maheshwari at 19.82%, Vinay Premnarayan Maheshwari at 10.13%, and Varun Krishnavtar Kabra at 7.61%. Together, the promoter and promoter group hold roughly 57% of the company's share capital, with the balance held by public shareholders.
This is a routine annual compliance filing and is unlikely to move the stock. The confirmation that no fresh pledges were created is mildly positive, as it suggests promoters have not increased financial stress on their holdings.