Gangotri Textiles Limited Files SAST Disclosure for Promoter Holdings as on March 31, 2026

1 min read     Updated on 04 Apr 2026, 09:12 AM
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AI Summary

Gangotri Textiles Limited filed SAST regulatory disclosures showing promoter Manoj Kumar Tibrewal holds 23,63,796 shares (7.248% stake) and Anita Tibrewal holds 52,33,661 shares (16.047% stake) as on March 31, 2026. The disclosures were submitted to BSE, NSE, and Calcutta Stock Exchange in compliance with SEBI takeover regulations, confirming both individuals as promoter group members with no additional holdings through warrants or convertible securities.

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Gangotri Textiles Limited has filed mandatory regulatory disclosures under SEBI's Substantial Acquisition of Shares and Takeover (SAST) Regulations for promoter shareholdings as on March 31, 2026. The textile company submitted the required documentation to stock exchanges where its shares are traded, ensuring compliance with regulatory requirements for substantial shareholding transparency.

Promoter Shareholding Details

The SAST disclosures reveal the current shareholding pattern of the company's promoters as on March 31, 2026:

Promoter Name Number of Shares Shareholding Percentage
Manoj Kumar Tibrewal 23,63,796 7.248%
Anita Tibrewal 52,33,661 16.047%

Both promoters hold their stakes entirely through equity shares, with no holdings in warrants, convertible securities, or other instruments that would entitle them to receive additional shares in the company.

Regulatory Compliance Framework

The disclosures were submitted under Regulations 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. These regulations mandate periodic disclosure of shareholding patterns by promoters and persons acting in concert to ensure market transparency.

Key compliance details:

  • Both promoters confirmed their status as members of the promoter group
  • No persons acting in concert reported holdings exceeding 25% voting rights threshold
  • Manoj Kumar Tibrewal's PAN: ABUPT5456C
  • Anita Tibrewal's PAN: ABSPT2940D

Stock Exchange Submissions

Gangotri Textiles Limited's shares are listed on multiple exchanges, and the SAST disclosures were submitted to all relevant platforms:

  • Bombay Stock Exchange Limited
  • National Stock Exchange of India Limited
  • The Calcutta Stock Exchange Limited

The company's registered office is located at 25-A, Venkatachalam Co-op. Colony, R.S.Puram, Coimbatore – 641002, and the disclosures were signed by authorized signatories on April 1, 2026.

Corporate Governance Significance

These periodic SAST disclosures form part of the company's ongoing corporate governance obligations, providing investors and market participants with transparent information about promoter shareholding patterns. The filings demonstrate the company's commitment to regulatory compliance and maintaining transparency in ownership structures as mandated by SEBI regulations.

Will the promoters increase their combined 23.3% stake through open market purchases or preferential allotments in the coming quarters?

How might the relatively low promoter shareholding impact Gangotri Textiles' vulnerability to potential hostile takeover attempts?

What strategic initiatives is the company planning that could attract institutional investors to fill the significant non-promoter shareholding gap?

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