Ram Agarwal 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.
PROSTARM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ram Agarwal, on behalf of the Promoters and Promoters' Group, has submitted a declaration confirming that they collectively hold 4,28,74,592 equity shares representing 72.82% of the company's shareholding. The disclosure specifically states that no encumbrance (pledge) was created on these shares during the Financial Year ended March 31, 2026. This is a negative declaration under Regulation 31(4), which requires promoters to disclose whether any shares were pledged or encumbered during the reporting period.
The declaration is positive for shareholders as it confirms promoters have not pledged their shares, indicating no immediate risk of forced selling or share supply pressure from margin calls. Promoter holding remains strong at 72.82%.