ANNAMALLAI RETREADING COMPANY PRIVATE LIMITED 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.
SHIVAMILLS · price
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Annamallai Retreading Company Private Limited, a promoter of Shiva Mills Limited, has submitted a disclosure confirming their shareholding position. The promoter holds 62,36,976 equity shares representing 72.17% of the company's total shareholding. Importantly, the filing explicitly states that no encumbrance (pledge or charge) has been created on these shares, either directly or indirectly, during the Financial Year. This is a routine regulatory compliance filing under SEBI takeover regulations requiring promoters to declare their encumbrance status.
The promoter holding remains strong at 72.17% with no pledge on shares, which is a positive signal for investors as it indicates no immediate risk of share dilution or forced selling due to loan defaults. The stock is not under pressure from encumbered promoter shares.