Sterling and Wilson Renewable Energy Limited disclosed that Reliance New Energy Limited, one of its promoters, has submitted a declaration under Regulation 31(4) of the Securities and Exchange Board of India Takeover Regulations to the stock exchanges. The filing addresses the encumbrance status of promoter-held shares during the financial year ended March 31, 2026.
The declaration confirms that Reliance New Energy Limited did not create any encumbrance on shares of Sterling and Wilson Renewable Energy Limited held by it, directly or indirectly, during the financial year 2025-26. The promoter provided this confirmation for the entirety of the period under review.
The disclosure was submitted on April 09, 2026, to both BSE Limited and the National Stock Exchange of India Limited. The stock exchanges received the filing on June 22, 2026, and published it on their platforms on the same day.
Regulation 31(4) of the SEBI Takeover Regulations requires promoters of listed companies to file an annual declaration confirming whether any encumbrance was created on shares held by them during the financial year. The provision applies to all promoters of listed entities and must be submitted to the stock exchanges where the company's shares are listed. The declaration for FY 2025-26 confirms the absence of encumbrances on shares held by Reliance New Energy Limited in Sterling and Wilson Renewable Energy Limited.
Sterling and Wilson Renewable Energy Limited provides engineering, procurement, and construction services for solar and renewable energy projects across multiple geographies and its equity shares are listed on the NSE under the symbol SWSOLAR and on the BSE with code 542760.
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.