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 and Persons Acting in Concert (PACs) have disclosed their shareholding as of 31st March 2026. The promoter group collectively holds 48,985,319 shares representing 74.748% of the company's total share capital. Individual holdings include Suresh Kumar Agrawal (18.846%), Varun Agrawal (19.473%), Payal Agrawal (19.510%), Chandrakala Agrawal (16.404%), and SK Agrawal & Sons HUF (0.515%). The disclosure explicitly states that no encumbrance (pledge) of shares was created during the Financial Year ended 31st March, 2026.
Promoters hold a strong majority stake at nearly 75%, providing stability. The absence of any share pledge is a positive signal, indicating promoters have not leveraged their holdings and there is no immediate risk of forced selling.