NSEDisclosure under SEBI Takeover Regulations5h ago · 22 Sept 2026, 12:01 pm
Disclosure under SEBI Takeover Regulations
Ballarpur Industries Limited · BALLARPUR
✦ AI SummaryRegulatory
Ballarpur Industries Limited has submitted a disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, stating that the promoter group holds 51% of the company's equity shares, with no encumbrance of shares during the financial year ended March 31, 2026.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Ballarpur Industries Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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April 2, 2026
BSE Ltd. E-mail: corp.relations@bseindia.com
Corporate Relationship Department,
1st Floor, New Trading Ring, Stock Code No. 500102
Rotunda Building,
P.J. Towers,
Dalal Street, Fort,
Mumbai 400 001
The Manager E-mail: takeover@nse.co.in
Listing Department,
National Stock Exchange of India Ltd., Stock Symbol “BALLARPUR”
‘Exchange Plaza’, C/1, Block G,
Bandra-Kurla Complex,
Bandra (E),
Mumbai 400 051
The Audit Committee of E-mail: sectdiv@biltpaper.in
Ballarpur Industries Limited
PO Ballarpur Paper Mills, Chandrapur
Ballarpur - 442 901, Maharashtra.
Sub: Declaration under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Dear Sir / Ma’am,
Pursuant to the Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers)
Regulations, 2011, we are disclosing that Promoter of the Company along with Promoter
group and Person Acting in Concert (‘PAC’) holds 2,80,50,000 Equity Shares of the
Company, representing 51% shareholding as on March 31, 2026 and we have not made
any encumbrance of shares, directly or indirectly during the financial year ended March
31, 2026.
Your office is requested to take the same on your records.
Kindly acknowledge the Receipt.
Thanking You
Yours Faithfully
For Finquest Financial Solutions Private Limited
Hardik B. Patel
Managing Director & CEO
DIN: 00590663
Place: Mumbai