Announced Mon, 22 Jun · 11:56 IST
Promoter encumbrance declaration filed with promoter group dispute
Ownership Changes View source PDF
PILANIINVS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹4425.00
prior close
₹4437.90
base price
In-mkt
timing
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+0.0+0.2-0.2-0.1-1.6-1.1-0.7-1.9-1.7+0.2-0.6-1.6——
Up moveDown movePending
AI summary
Pilani Investment filed a SEBI Reg 31(4) disclosure from The Punjab Produce & Trading Co. group claiming 58.68 percent holding and declaring no encumbrances on their shares. However, the company explicitly rejects PPTC and its associates as part of the promoter group, noting their actual stake is only 25.16 percent. Birla Cotton Spg. holds zero shares despite being listed in the disclosure.
Likely market impact
Disputed promoter group identity may raise governance concerns; no share pledges or encumbrances declared by the claiming group.