Pilani Investment and Industries Corporation Limited — Others, 25-06-2025: Disclosure under SEBI Takeover Regulations

Pilani Investment and Industries Corporation has clarified that it does not recognize The Punjab Produce & Trading Company Private Limited and its associates as part of the promoter group, despite their holding 25.16% shares. The promoter group, as claimed, holds 57.55% of shares. Birla Cotton Spinning & Weaving Company Limited holds no shares. The Punjab Produce & Trading Company disclosed that its associated entities collectively hold 24.49% shares without any encumbrance. This clarification is key for shareholders to understand promoter identity and shareholding structure.