Kanishka Sethia 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.
WCIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kanishka Sethia, Promoter of Western Carriers (India) Limited, has filed a declaration on behalf of all Promoters and Promoter Group including Persons Acting in Concert (PAC). The declaration confirms that no encumbrance (pledge/lien) was made on the company's shares during the financial year ended March 31, 2026. The disclosure includes a full list of 66 Promoter Group entities. Rajendra Sethia holds 74,191,020 shares (main promoter), while Kanishka Sethia holds 204,920 shares. All other promoter group members collectively hold minimal shares. All encumbered shares are listed as Nil.
Positive for shareholders as it confirms promoters have not pledged their shares, indicating no risk of forced selling from collateral calls. This signals promoter confidence in the company's value.