GMM Pfaudler Limited — Others, 22-08-2025: Disclosure under SEBI Takeover Regulations

A promoter of GMM Pfaudler Limited, Tarak Patel, on behalf of himself and persons acting in concert, has confirmed that no encumbrance was made on their equity shares during the financial year ended March 31, 2024. This declaration is typically seen as a positive indicator of promoter confidence and financial stability. However, the accompanying shareholding pattern for the same period shows that Millars Concrete Technologies Private Limited, a promoter group entity, has 1,104,724 shares, representing 100% of its holding, pledged or otherwise encumbered. This information provides a comprehensive view for shareholders.