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 filed a Regulation 31(4) disclosure for FY ending 31 March 2026. He declared that no encumbrance (pledge or lien) was created on any shares held by the promoter group during the year. The promoter group together holds 4,89,85,319 shares, representing 74.75% of the company, with zero shares encumbered across all five promoter entities.
This is a routine annual compliance filing and a neutral-to-mildly positive signal for shareholders, as it confirms the promoter group has not pledged any of their significant 74.75% stake during the year, reducing near-term risk of forced selling.