Announced Wed, 6 May · 18:55 IST

BINOD KUMAR AGARWAL 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

BALAJEE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹32.00
prior close
₹32.24
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.7-0.4-0.4+2.8+3.0+0.6-3.1-0.9-5.9-6.8-9.8-10.3
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AI summary

Promoter and Managing Director Binod Kumar Agarwal has submitted the mandatory disclosure under SEBI SAST Regulation 31(4), confirming that the promoter group holds 5,33,67,490 shares representing 65.425% of the total share capital as on 31st March 2026. The key highlight is the explicit declaration that no encumbrance (pledge) of shares was created, either directly or indirectly, during the Financial Year ended 31st March 2026. This is a periodic compliance filing by promoters of listed companies.

Likely market impact

The disclosure confirms the promoter retains strong control with 65.425% stake and importantly, there is no fresh pledge on promoter shares, which is a positive signal for minority shareholders as it reduces risk of forced selling.