Dharani Sugars & Chemicals Limited — Others, 09-04-2025: Disclosure under SEBI Takeover Regulations
Dharani Sugars and Chemicals Limited has provided a disclosure under SEBI regulations regarding substantial acquisitions and takeovers for the fiscal year ending March 31, 2025. The promoter group, including associated entities, reported no new encumbrances on shares during this period, maintaining existing pledges from prior years. Among the details shared, prominent entities like Dharani Credit & Finance and Dharani Developers have a total of 20,435,005 shares pledged, constituting approximately 61.55% of the paid-up capital.
This announcement may reassure investors about the stability of the promoter group's shareholding, potentially fostering a positive outlook despite existing pledges. The lack of new encumbrances indicates a commitment to maintaining transparency and financial integrity.
