Shiva Texyarn 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.
SHIVATEX · price
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Five promoters of Shiva Texyarn Limited submitted declarations to NSE and BSE confirming they have not pledged or encumbered their shares during FY 2025-26. The declarations cover the financial year ending 31 March 2026. Vedanayagam Hospital Private Limited is the largest promoter holding 66.04% (85,60,466 shares), followed by Sundarram Enterprise Private Limited at 6.24% (8,09,473 shares). The other promoters—SV Kandasami (1.34%), SK Sundararaman (0.39%), and K. Leelavathi (0.02%)—also filed similar declarations. Combined promoter holding stands at approximately 74.03% of the company.
No immediate share price impact as this is a routine compliance filing confirming no share pledges exist. However, investors may view the absence of encumbrances positively as it indicates promoters have not leveraged their shares for loans, reducing risk of forced selling.