The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 11, 2026 for Shivani Amit Dahanukar
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Promoter Mrs. Shivani Amit Dahanukar has created a new pledge on 6,50,000 equity shares (0.26% of total share capital) of Tilaknagar Industries Ltd. in favour of Avendus Finance Private Limited on February 2, 2026, for the purpose of availing a loan. Before this pledge, she held 3,29,76,043 shares (13.34%) of which 2,85,23,858 shares (11.54%) were already encumbered; after the new pledge, her encumbered shares stand at 2,91,73,858 (11.80%). The filing also lists encumbered holdings of other promoter group members — Amit Dahanukar (10.86%), Priyadarshini A Dahanukar (0.22%), Anupama Arun Dahanukar (0.19%), Arunoday Investments Pvt Ltd (2.89%), and M L Dahanukar And Co Pvt Ltd (3.85%) — with no new events for them.
This is a relatively small additional pledge by one promoter to secure a loan from Avendus Finance, slightly raising her encumbered shareholding to 11.80%. No shares have been invoked or released, so there is no immediate threat to promoter control or share price, though investors should track any future pledge-related actions.