BHARANIDHARAN PANDYAN 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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Promoter Bharanidharan Pandyan, on behalf of all promoters, promoter group members, and persons acting in concert, has submitted a declaration under Regulation 31(4) of SEBI Takeover Regulations stating that no encumbrance (pledge, lien, or mortgage) was created on the company's shares during FY 2024-25. As per Annexure A, the promoter and promoter group collectively hold approximately 73.91% of the company, with Bharanidharan Pandyan holding 36.96%, Pandyan Family Trust holding 24.22%, and Thalavaidurai Pandyan holding 12.73%. All promoter shares are reported as Nil encumbered, indicating zero pledging activity across the promoter group.
This is a routine regulatory disclosure with no negative impact — it confirms that promoters have not pledged any shares, which is a positive sign of financial stability and confidence in the company. Shareholders can take comfort that there is no risk of forced share sales due to pledge defaults.