Jagdish Rai Gupta 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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Promoter Jagdish Rai Gupta has filed an annual declaration under SEBI's Takeover Regulations confirming that the promoter and promoter group held 88,45,568 equity shares (52.18%) of Stylam Industries as on March 31, 2025. The filing explicitly states that no encumbrance (pledge or similar charge) was created on these shares, directly or indirectly, during the financial year ended March 31, 2025. The table lists individual promoter holdings, with Jagdish Rai Gupta holding 8,24,448 shares and other promoter group members (Manit Gupta, Nidhi Gupta, Saru Gupta, Dipti Gupta) holding smaller stakes. This is a routine annual compliance submission, not a change in ownership or pledge status.
This is a neutral, routine compliance filing. It confirms promoter stability — no new pledges were created and there is no change in promoter shareholding. Investors should not read any positive or negative signal into this; the promoter group remains comfortably above the 50% mark with clean (unencumbered) holdings.