Kaushik Damji Gada 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.
URAVIDEF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kaushik Damji Gada, on behalf of all promoters and persons acting in concert (PAC) of Uravi Defence and Technology, has filed the annual disclosure required under Regulation 31(4) of SEBI Takeover Regulations. As on March 31, 2025, the promoter and PAC group collectively holds 79,86,300 equity shares in the company. The declaration states that no new encumbrance (pledge or otherwise) was created on these shares during FY 2024-25, beyond what was already disclosed earlier. The annexure lists 17 promoter/PAC entities and their individual holdings, showing that existing encumbrances stand at 18,16,000 shares (roughly 22.7% of promoter holding), with Priyanka Aggarwal and Viney Corporation Limited being the only two entities with shares currently encumbered.
This is a routine annual compliance filing and is largely neutral. It reassures investors that promoters have not pledged additional shares during the year, but existing pledges on about 23% of promoter holdings remain and should be monitored for any future invocation or release.