Apeejay Surrendra Park Hotels 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.
PARKHOTELS · price
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Awaiting price reaction for this filing.
Karan Paul, on behalf of the promoter and promoter group of Apeejay Surrendra Park Hotels, has submitted a Regulation 31(4) declaration to the exchanges confirming that no encumbrance (pledge, lien, or similar) was created on their shares during the financial year ended March 31, 2025. The promoter group collectively holds 14,54,02,986 equity shares, representing 68.15% of the company's share capital. The largest individual holders are Great Eastern Stores Private Limited (24.60%) and Trustee Apeejay Surrendra Trust (14.06%). The disclosure is a routine annual compliance filing required under SEBI's Takeover Regulations.
This is a positive governance signal for shareholders — the promoters, who control over 68% of the company, have not pledged or encumbered any of their shares during the year, indicating financial stability and no immediate risk of forced selling. The filing is regulatory in nature and is unlikely to cause any significant stock price movement.