Kartik Bharat Ram 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.
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SRF Limited promoters have submitted a declaration confirming that no encumbrances (pledges) were created on the company's shares during the financial year ending March 31, 2026. This is a negative declaration under SEBI's takeover regulations, meaning the promoters are confirming the absence of pledge activity rather than disclosing any new pledges. The promoter and promoter group collectively hold 50.26% of equity capital, with Kama Holdings Limited holding the bulk at 50.21%. Individual promoters Arun Bharat Ram, Ashish Bharat Ram, and Kartik Bharat Ram each hold small percentages.
This is a positive signal for investors as it confirms promoters have not pledged their shares, indicating their financial health and strong commitment to the company. No new encumbrances means no immediate risk of forced selling from promoter holdings.