Disclosure under SEBI Takeover Regulations

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.