Mazda Limited 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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Mazda Limited's promoter group, led by Whole-Time Director Shanaya Mody Khatua, filed the annual Regulation 31(4) declaration for FY ending 31 March 2025. The promoter and promoter group collectively hold 97,29,011 equity shares, representing 48.58% of the company's total equity. Importantly, the promoters have confirmed that no encumbrance (pledge, lien, or any charge) has been created on their shares during the financial year. The promoter group includes Shanaya Mody Khatua, Sheila Sorab Mody, Percy Avari, Katty Avari, and Xerxis Avari.
This is a routine annual compliance filing. The positive takeaway for shareholders is that promoter holdings remain clean and unencumbered, indicating no financial stress. However, promoter holding at 48.58% is below 50%, which is a notable disclosure metric.