S K Sundararaman For and on behalf of Promoter and Promoter Group of the Company 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.
SHIVATEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Five members of the promoter and promoter group of Shiva Texyarn Limited have filed declarations under SEBI Regulation 31(4), confirming that they have not created any encumbrance (pledge or similar charge) on their shares for the financial year ended 31 March 2025. The largest declaring entity is Vedanayagam Hospital Private Limited with 85,60,466 shares (66.04%), followed by Sundarram Enterprise Private Limited with 8,09,473 shares (6.24%). Individual promoters S V Kandasami (1.34%), S K Sundararaman (0.39%), and K. Leelavathi (0.02%) have also filed similar declarations. This is a routine annual compliance filing required by SEBI's takeover regulations.
No material impact on shareholders. The declaration is positive in the sense that promoters have not pledged their shares, reducing concerns about forced selling or margin calls. It is a routine annual compliance disclosure rather than a new corporate action.