Atlas Cycles (Haryana) Limited has filed its annual declaration under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming that the promoters and promoter group have not created any encumbrance on their shareholding, directly or indirectly, during the financial year ended 31st March 2026. The declaration was submitted to both the National Stock Exchange of India Ltd. and BSE Ltd. by Sanjay Kapur, acting on behalf of the promoter group.

Regulatory Background

Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 mandates that promoters and persons acting in concert submit an annual declaration confirming the absence of any undisclosed encumbrance on their shareholding. This filing is a compliance requirement applicable to all listed companies in India and is intended to ensure transparency in promoter shareholding patterns.

Promoter and Promoter Group Entities Covered

The declaration covers a total of 31 individuals and entities, all categorised under the promoter and promoter group. The following table lists all entities on whose behalf the declaration has been submitted:

Key Details of the Filing

The declaration was filed from New Delhi and signed by Sanjay Kapur, with Vikram Kapur also signing on behalf of the promoters and promoter group of Atlas Cycles (Haryana) Limited. The key parameters of this regulatory submission are summarised below:

The declaration affirms that no encumbrance, direct or indirect, has been made by the promoters and persons acting in concert, other than those already disclosed, during the financial year ended 31st March 2026. This filing reflects the company's adherence to its ongoing regulatory obligations under SEBI's takeover regulations.

Atlas Cycles (Haryana) Limited has received board approval for another extension in its ongoing land sale transaction, pushing the deadline for sale deed execution to June 30, 2026. The company informed stock exchanges about this development through a regulatory filing dated April 14, 2026.

Transaction Extension Details

The Board of Directors approved the extension request through a circular resolution, marking the latest development in the sale of 20 acres of company land situated in Sonepat, Haryana. This extension follows previous intimations made by the company on multiple dates throughout the transaction process.

Financial Progress

The company has made significant progress in receiving consideration for the land sale. According to the filing, Atlas Cycles has already collected a substantial portion of the agreed amount from the buyer.

Regulatory Compliance

The announcement was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, ensuring proper disclosure of material developments to stakeholders. The company has maintained transparency throughout the transaction process with regular updates to stock exchanges.

Previous Communications

This latest update continues a series of communications regarding the same transaction, with previous intimations dated January 16, 2026, October 31, 2025, May 29, 2025, and December 7, 2024. The company has committed to providing further updates as material developments occur in the transaction.

The filing was signed by Rashpal Singh, Company Secretary and Compliance Officer, maintaining the company's commitment to regulatory compliance and stakeholder communication throughout the land sale process.