�K.V. Nachiappan�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.
SWELECTES · price
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Awaiting price reaction for this filing.
Promoter K.V. Nachiappan has filed a yearly disclosure under Regulation 31(4) and (5) of SEBI Takeover Regulations, confirming that he and persons acting in concert have not created any encumbrance (pledge, lien or charge) on their shareholding in Swelect Energy Systems during the financial year ended 31st March 2025. The promoter directly holds 165,348 shares (1.09%), while persons acting in concert — Jayashree Nachiappan and Rishi Nandhan KN — hold 1,375 shares (0.01%) and 15,355 shares (0.10%) respectively. The combined promoter group holding stands at 182,078 shares, or just 1.20% of the company.
This is a routine annual compliance filing with no material impact on shareholders or the stock price. It reassures investors that the promoter's stake remains unencumbered and stable, though the promoter holding continues to be very low at 1.20%, indicating limited promoter skin in the game relative to the broader public float.