Elecon Engineering Company Limited received a promoter shareholding disclosure from Power Build Private Limited under Regulation 31(4) of the SEBI Takeover Regulations. The filing was submitted to the exchange on May 27, 2026, and covers the financial year ended March 31, 2026. This disclosure provides annual details on promoter shareholding and encumbrance status.
Power Build Private Limited holds 31,920 equity shares in Elecon Engineering Company Limited, representing 0.01% of the total paid-up equity share capital. Power Build is classified as a promoter along with persons acting in concert with it. The entity is part of the promoter group of Elecon Engineering.
The promoter confirmed that no encumbrance was created on its Elecon shares during the financial year ended March 31, 2026. The disclosure covers all forms of encumbrance including pledges, liens, and other charges on shareholding. The promoter provided a declaration that its shareholding remained free of any encumbrance throughout the financial year.
The disclosure was signed by an authorised signatory of Power Build Private Limited at Vallabh Vidyanagar on April 4, 2026. The registered office of Power Build is at NIT Faridabad in Haryana, and its corporate office is in Vallabh Vidyanagar, Gujarat. The document was digitally signed and submitted within the prescribed timeline.
The filing was made under Regulation 31(4) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011. This regulation requires promoters of listed companies to disclose details of any encumbrance on their shareholding on an annual basis. The disclosure was submitted in the prescribed format along with the required annexure.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.