Alay Jitendra Shah 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.
SHILCTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Alay Jitendra Shah has submitted a Regulation 31(4) disclosure confirming that the promoter group has NOT created any encumbrances (pledges) on company shares during the financial year 2025-26. The filing includes the complete list of promoters and persons acting in concert as of 31 March 2026. Combined promoter holding stands at approximately 61.7% (total 7,106,225 shares), with Alay Jitendra Shah holding 2,709,548 shares (23.68%) either directly or through HUF. The remaining promoter shares are held by Aatman Alay Shah (10.34%), Aashay Alay Shah (10.34%), and Shilpa Alay Shah (10.54%). This is a negative disclosure — it confirms the absence of pledge activity rather than reporting any new pledge creation.
Positive signal for investors as no promoter shares are currently pledged, reducing risk of forced selling. The promoter group maintains a stable ~62% stake with no encumbrances reported.