Declaration under Regulation 31(4) & 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Sun Retail Ltd has informed BSE that there is no identifiable promoter in the company as of 31st March 2026. Due to the absence of identifiable promoters, the disclosure requirements under Regulation 31(4) & 31(5) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011 are not applicable. The filing was signed by Dharamjit Bhupatsinh Mori, Whole-time Director & CFO, and dated 3rd April 2026.
This declaration confirms the company has a zero-promoter shareholding structure. This is unusual as most listed companies have identifiable promoters. Without promoter backing, the stock may be classified differently by exchanges and investors, potentially affecting governance perception and trading dynamics.