Ravi PNC Menon 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.
SOBHA · price
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Ravi PNC Menon, on behalf of the Promoter and Promoter Group of Sobha Limited, has filed a declaration confirming that no new share encumbrances (pledges) have been created during FY 2025-26, other than those already disclosed earlier. As of March 31, 2026, the Promoter and Promoter Group holds 5,65,58,845 equity shares representing 52.88% of the total paid-up capital of 10,69,32,977 shares. The encumbered shares stand at Nil, meaning none of the promoter holding is pledged.
This is a positive signal for investors as it confirms promoters have not increased their pledged shares, indicating no financial stress or risk of forced selling by lenders. The 52.88% holding gives promoters stable control over the company.