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INOX India Promoter Group Member Files No-Encumbrance Declaration Under SEBI Takeover Regulations

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15 June 2026 at 3:37 pm
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INOX India Limited informed the exchanges that Manju Jain, a member of its promoter group, submitted a declaration under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was filed with BSE and the National Stock Exchange on behalf of Jain and persons acting in concert with her. The announcement was dated June 15, 2026.

The declaration confirms that no encumbrance was created, directly or indirectly, on INOX India Limited's shares during the financial year ended March 31, 2026. Manju Jain submitted the declaration in her capacity as a member of the promoter group. The declaration was addressed to the audit committee and submitted to both stock exchanges.

Regulation 31(4) of the SEBI Takeover Regulations requires promoter group members to disclose any encumbrance of shares during the financial year. The provision ensures transparency in shareholding patterns of listed companies. Jain's declaration covers both her own holdings and those of persons acting in concert with her.

The persons acting in concert with Manju Jain for this disclosure include Coronet Holdings Private Limited, Hotz Industries Limited, and Triumph Trading Limited. All three entities are classified within the promoter group category of INOX India Limited, as detailed in the annexure to the filing. The annexure to the declaration lists each PAC along with its category as promoter group.

The submission confirms that no shares of INOX India Limited were encumbered by the promoter group during the fiscal year 2025-26. The annual disclosure under Regulation 31(4) fulfills the SEBI Takeover Code compliance requirements for promoter group members. INOX India Limited is listed on BSE with scrip code 544046 and on NSE with the symbol INOXINDIA.

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.

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