MICELNSEMIC Electronics LimitedLowNeutral
Announced Thu, 3 Jul · 19:05 IST

siva Laksmanarao Kakarala 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.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Siva Lakshmanarao Kakarala has filed the annual shareholding disclosure for the promoter and promoter group of MIC Electronics Limited as of March 31, 2025, as required under SEBI Takeover Regulations. The promoter group together holds 16,02,23,794 equity shares, representing 66.48% of the company's total share capital. The largest holder is RRK Enterprise Private Limited at 59.68%, followed by Siva Lakshmanarao Kakarala at 3.67%, and other promoter group members holding around 1% each. The promoter has declared that no new encumbrances (pledges or similar charges) were created during the financial year ended March 31, 2025, other than those already disclosed.

Likely market impact

This is a routine annual regulatory filing and does not indicate any change in ownership or new encumbrance. The promoter group continues to hold a strong majority stake of 66.48%, suggesting stable control with no immediate dilution or pledging concerns for shareholders.