Vakrangee Holdings Private 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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Vakrangee Holdings Private Limited, on behalf of the Promoter and Promoter Group, has declared that during FY 2025-26 (ending March 2026), no new encumbrances were created or invoked on equity shares held by them. The filing also notes that following the demise of Mr. Dinesh Nandwana (promoter) on January 31, 2025, his shares were transmitted to his spouse Mrs. Jyoti Dinesh Nandwana on June 3 and June 17, 2025. The current promoter group includes Jyoti Dinesh Nandwana, Dinesh Nandwana (HLTF), Divya Dinesh Nandwana, Vedant Dinesh Nandwana, Vakrangee Holdings Private Limited, and NJD Capital Private Limited. The declaration confirms no additional pledges beyond what was already disclosed during the year.
No new pledge activity means no immediate risk of share dilution or forced selling for the promoter group. The transfer of shares due to the promoter's death is a routine succession matter with no adverse impact on shareholders.