Hindustan Petroleum Corporation 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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HPCL, the promoter of MRPL, has filed a routine disclosure under SEBI's Takeover Regulations confirming its shareholding and encumbrance status as of March 31, 2025. HPCL holds 29.71 crore equity shares in MRPL, representing 16.96% of the paid-up share capital. The company has confirmed there is no encumbrance (pledge or otherwise), directly or indirectly, on these shares — the same status applies to co-promoter ONGC. This is a standard regulatory filing with no change in ownership or any pledge activity to report.
No material impact on shareholders or stock price. This is a routine compliance disclosure confirming that the promoter (HPCL) and co-promoter (ONGC) have not pledged any of their MRPL shares, indicating financial stability at the promoter level.