Authum Investments & Infrastructure Ltd 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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Authum Investment & Infrastructure Limited, the promoter entity of Prataap Snacks Limited, has submitted a disclosure confirming that neither the promoter nor persons acting in concert have created any encumbrance (pledge) on their shares during the financial year ended March 31, 2026. The filing includes shareholding details showing Authum holds 1,05,15,736 shares representing 44% of total share/voting capital. This is a routine regulatory compliance filing required under SEBI takeover regulations to disclose the status of promoter share pledges.
Positive signal for investors as it confirms promoters have not pledged their shares, reducing risk of forced selling pressure from potential pledge invocation. The 44% holding indicates stable promoter control of the company.