NSEDisclosure under SEBI Takeover Regulations19 Jun 2026 · 19 Jun 2026, 03:53 pm
Disclosure under SEBI Takeover Regulations
Garware Technical Fibres Limited · GARFIBRES
✦ AI Summary
Garware Technical Fibres Limited announced a disclosure under Regulation 31(4) of SEBI Takeover Regulations. Promoter Mr. Vayu Ramesh Garware, along with persons acting in concert, reported holding 5,29,70,480 shares, constituting 53.36% of the company as of March 31, 2026. Significantly, the disclosure confirms that no encumbrance has been made on these shares. For investors, this indicates that a substantial portion of the promoter's stake is unpledged, suggesting financial stability and reduced risk of forced selling, which is generally a positive sign for shareholder confidence.
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Full Announcement
Vayu R. Garware 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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To: April 3, 2026
The Audit Committee of
Garware Technical Fibres Ltd.
Plot No. 11, Block D-1,
MIDC, Chinchwad,
Pune 411 019
BSE Limited
Corporate Relationship Department,
New Trading Ring,
Rotunda Building, P. J. Towers,
Dalal Street, Fort,
Mumbai 400001. (Company code: 509557)
The National Stock Exchange of India Ltd.
Exchange Plaza, Plot No. C/1, ‘G’ Block,
Bandra-Kurla Complex,
Bandra East,
Mumbai 400051. (Symbol: GARFIBRES, Series: EQ)
Dear Sirs,
Sub: Disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011.
Pursuant to the provisions of Regulation 31(4) of SEBI (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011, I, Mr. Vayu Ramesh Garware, Promoter of Garware
Technical Fibres Limited (hereinafter referred to as the “Target Company”) hereby declare
that I, along with persons acting in concert with me, hold 5,29,70,480 (53.36%) shares of
the Target Company as on 31st March, 2026 as detailed below, have not made any
encumbrance, directly or indirectly in the shares of the Target Company held by us during
the financial year 2025-26.
Name(s) of the person Whether the Email Id Number of % w.r.t. total
and Persons Acting in person belongs shares held in share
Concert (PAC) with the to Promoter / Target capital of
person Promoter group Company Target
Company
Vayu Ramesh Garware Promoter vgarware@garwarefibres.com 6,157,400 6.20
Mayuri Vayu Garware Promoter groupmvgarware@garwarefibres.com 50 0.00
Garware Capital Markets Promoter group mkamat@garwarefibres.com 1,82,01,250 18.34
Limited
VMIR Investment Promoter group mkamat@garwarefibres.com 45,93,555 4.63
Private Limited
(Formerly VMIR
Investment Limited)
VRG Investments Pvt Promoter group mkamat@garwarefibres.com 44,06,000 4.44
Ltd (Formerly VRG
Investments Ltd)
Vimlabai Garware Promoter group mkamat@garwarefibres.com 27,70,695 2.79
Research Institute Pvt.
Ltd.
Moonshine Investments Promoter group mkamat@garwarefibres.com 22,88,725 2.31
and Trading Co. Pvt. Ltd.
Manmit Investments and Promoter group mkamat@garwarefibres.com 14,19,925 1.43
Trading Co. Pvt. Ltd.
Sanand Investments and Promoter group mkamat@garwarefibres.com 13,74,160 1.38
Trading Co. Pvt. Ltd.
Sukukar Holdings and Promoter group mkamat@garwarefibres.com 12,82,000 1.29
Trading Co. Pvt. Ltd.
Starshine Comtrade Pvt. Promoter group mkamat@garwarefibres.com 10,07,600 1.02
Ltd.
Gurukrupa Comtrade Pvt. Promoter group mkamat@garwarefibres.com 4,40,895 0.44
Ltd.
Garware Research Promoter group mkamat@garwarefibres.com 10,755 0.01
Institute
Sukukar Holdings and Promoter group mkamat@garwarefibres.com 50,12,220 5.05
Trading Co. Pvt. Ltd.,
Partner, representing
Partnership Firm i.e.
RameshTrading Co.
Gurukrupa Comtrade Promoter group mkamat@garwarefibres.com 40,05,150 4.03
Pvt. Ltd., Partner,
representing Partnership
Firm i.e. Sunita Trading
Vayu Ramesh Garware Promoter group vgarware@garwarefibres.com 50 0.00
on behalf of VRG Family
Trust
Vayu Ramesh Garware Promoter group vgarware@garwarefibres.com 50 0.00
on behalf of Vayu
Garware Family Trust
This is for your information please.
Thanking You,
Yours faithfully,
Vayu R. Garware
Promoter – Garware Technical Fibres Limited
Place: Pune