Greenlam Industries Promoter Group Confirms No Share Encumbrance for FY26
Greenlam Industries' Promoter group, holding 50.98% (13,00,86,620 shares) as of March 31, 2026, has confirmed no share encumbrance for FY26. Key holdings include Saurabh Mittal (11.33%) and SM Greenlam Investments (37.78%). The disclosure was made under SEBI Takeover Regulations.
This is a routine disclosure confirming no change in shareholding or encumbrance, which is a standard regulatory compliance. It does not introduce new information that would significantly impact the company's stock price or business operations.
The announcement is a routine disclosure confirming existing shareholding and lack of encumbrance, which is a standard regulatory requirement. It does not contain new positive or negative information that would alter the company's fundamental outlook.
Saurabh Mittal, a Promoter of Greenlam Industries Limited, has submitted a disclosure confirming that the Promoter, Promoter Group, and Persons Acting in Concert (PAC) collectively hold 13,00,86,620 equity shares, representing 50.98% of the company's total equity, as of March 31, 2026. The disclosure, made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, explicitly states that no shares have been encumbered, directly or indirectly, by this group during the financial year 2025-26.
The annexure provides a breakdown of shareholding within the promoter group. Saurabh Mittal holds 2,89,03,510 shares (11.33%), Parul Mittal holds 47,88,000 shares (1.88%), and SM Greenlam Investments Private Limited holds 9,63,95,110 shares (37.78%). Other members of the promoter group listed, including Shiv Prakash Mittal, Santosh Mittal, Jai Mittal, Jia Mittal, S.M. Safeinvest Private Limited, and Prime Properties Private Limited, hold no shares as of the reporting date.
This confirmation serves to inform the stock exchanges, BSE Limited and the National Stock Exchange of India Limited, about the unchanged shareholding and the absence of any encumbrances on the promoter group's stake in Greenlam Industries Limited.
What to do with a filing like this
Greenlam Industries Limited filed this with the NSE as a statutory disclosure, categorised under shareholding pattern. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Greenlam Industries Limited. Read the original for the full detail.