The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 26, 2026 for Davuluri Rao
NEULANDLAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter and Vice Chairman & MD Davuluri Saharsh Rao has created a pledge over 96,000 shares (0.75% of total share capital) of Neuland Laboratories in favour of Aditya Birla Money Limited. The pledge was created on March 25, 2026 for the purpose of personal borrowing. Prior to this event, he held 1,95,125 shares (1.52%) with no existing encumbrance, meaning his entire pledged position is new. Other promoters listed in the disclosure – Davuluri Ownership Trust (25.98%), Davuluri Ramamohan Rao (1.63%), Davuluri Sucheth Rao (2.01%) and Gannabathula Venkata Krishna Rama Rao (0.05%) – have no encumbrance on their holdings.
The pledge represents a small portion of the promoter family's overall holding and is for personal borrowing rather than company-level financing. Retail investors typically view modest pledge creation by promoters as a routine funding activity, but it is worth monitoring if further pledges accumulate.