Rohit Relan 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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Awaiting price reaction for this filing.
Rohit Relan, on behalf of the promoter and promoter group, has filed the yearly Regulation 31(4) declaration under SEBI Takeover Regulations. He confirmed that none of the promoter group members or persons acting in concert have created any encumbrance (pledge, lien, etc.) on their shares during FY 2024-25. The promoter group's combined holding stood at 1,73,95,361 shares, or 73.13% of the company, as on March 31, 2025. Rohit Relan individually holds 48.19%, while other family members (Ritu, Ayush, Pranav, and Rishabh Relan) hold the remaining 24.94% combined.
This is a routine compliance filing and reassures shareholders that promoters have not pledged or locked up their stakes, signalling stable and unencumbered promoter ownership. No negative price impact is expected.