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.

Analysis Scores

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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team_sandeshc_22092026114926_Disclosure12.pdf

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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