Suratwwala Business Group Limited 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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Promoters of Suratwwala Business Group Limited have filed the annual disclosure under SEBI Takeover Regulations for the financial year ended 31st March 2025. The promoter and promoter group collectively hold 1,27,27,652 equity shares, representing 73.39% of the company's shareholding. Both promoters, Jatin Dhansukhlal Suratwala (Managing Director) and Manoj Dhansukhlal Suratwala (Whole-Time Director), have confirmed that no encumbrance (pledge or charge) was created on their shares during the year. This is a routine yearly compliance filing required from promoters holding more than 25% stake.
This is a routine compliance disclosure with no material action. The confirmation of no new pledges or encumbrances is neutral to mildly positive for shareholders, as it indicates promoters have not used their holdings as collateral during the year.