RMLNSERane (Madras) Limited· Auto AncillariesLowNeutral
Announced Thu, 22 May · 14:53 IST

L Ganesh�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.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

L Ganesh, representing the Promoter and Promoter Group of Rane (Madras) Limited, has filed an annual declaration under SEBI SAST Regulation 31(4) for the year ended March 31, 2025. The declaration confirms that no encumbrances (such as pledges or liens) were created, directly or indirectly, on 1,43,181 equity shares representing 0.88% of the company's shareholding. The Annexure lists 15 promoter/promoter group members along with their individual shareholdings, totalling the same 1,43,181 shares. This is a routine annual compliance filing and does not involve any change in ownership or creation of new encumbrances.

Likely market impact

No material impact on shareholders or stock price — this is a standard annual compliance disclosure. The filing simply confirms that the promoter group has not pledged or encumbered their shares during the year, which is neutral to mildly reassuring from a governance perspective.