Parsvnath Developers Limited — Others, 15-04-2025: Disclosure under SEBI Takeover Regulations

Parsvnath Developers has declared that none of its promoters, alongside their associates, have encumbered shares during the financial year 2024-2025, apart from previously disclosed details. Prominent shareholders include Pradeep Kumar Jain (37.7 Cr shares, 8.66%), Nutan Jain (44.9 Cr shares, 10.31%), and others, with the promoter group holding a total of 217.99 Cr shares, representing 50.09% of voting capital. This clarity may positively influence investor sentiment, signaling stability and transparency in the company's ownership structure, thus mitigating potential concerns about shareholding fluidity.