Suresh Kumar Agrawal 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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Suresh Kumar Agrawal, on behalf of himself and Persons Acting in Concert (PACs), has submitted an annual declaration to the exchanges confirming that no encumbrance (pledge or lien) was created on shares held by the promoter group during the financial year ended 31st March 2025. As on 31st March 2025, the promoter group collectively holds 4.89 crore shares, representing 74.75% of the company's total share capital. The holdings are spread across Suresh Kumar Agrawal (18.85%), Varun Agrawal (19.47%), Payal Agrawal (19.51%), Chandrakala Agrawal (16.40%), and SK Agrawal & Sons HUF (0.52%), with zero encumbered shares across all entities.
This is a routine annual compliance filing with no material change in promoter shareholding or any new encumbrance. It is neutral for shareholders and unlikely to have any impact on the stock price, though it reassures investors that the promoter group has not pledged any of their holdings.