Krishna Mahesh 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.
SUNDRMBRAK · price
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Krishna Mahesh, a promoter of Sundaram Brake Linings Limited, has submitted a disclosure confirming that the promoters and promoter group have not created any new encumbrances (pledges) on their shares during FY 2025-26, other than those already disclosed. The filing includes a complete list of 16 entities in the promoter group, showing total holding of 25,15,602 shares representing 63.94% of the company. The largest single holder is Madurai Alagar Enterprises Private Ltd with 32.67% stake, followed by Krishna Mahesh with 7.13%. Several group entities hold zero shares.
This is a routine regulatory compliance filing confirming no additional share pledging activity by promoters. The absence of new encumbrances is a positive signal for shareholders as it indicates promoters have not leveraged their holdings further, reducing risk of forced selling.