Atul Ashokkumar Ruia 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.
PHOENIXLTD · price
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Atul Ashokkumar Ruia, promoter of The Phoenix Mills Limited, has filed a declaration confirming that the Promoter Group and Persons Acting in Concert (PACs) have NOT made any encumbrance (pledge) on the company's shares during FY 2025-26. As on March 31, 2026, the total promoter group holding stands at 16,89,68,974 equity shares, representing 47.25% of the company's paid-up equity capital. The filing includes a detailed Annexure A listing each promoter entity, their share count, and percentage holding. Key stakeholders include Ruia International Holding Private Limited (31.10%), Senior Advisory Services Private Limited (8.10%), and Atul Ashokkumar Ruia personally (1.94%).
The confirmation of zero encumbrance is a positive signal for investors, indicating no pledged shares that could otherwise face selling pressure if margin calls are triggered. Promoter holding remains stable at 47.25%, just below the 50% threshold.