Garuda Construction & Engineering Promoters Declare No Share Encumbrance for FY26 Under SEBI SAST Regulations

Garuda Construction & Engineering Limited has filed a regulatory disclosure confirming that its promoters and promoter group, including persons acting in concert, have not encumbered any shares—directly or indirectly—during the financial year ended March 31, 2026. The declaration was submitted to the stock exchanges on April 3, 2026, in accordance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Disclosure Details

The disclosure was made by Pravin Kumar Brijendra Kumar Agarwal, Promoter and Chairman & Managing Director of the company, on behalf of the entire promoter and promoter group, as well as persons acting in concert. The declaration confirms a clean encumbrance status as of March 31, 2026, and covers the full financial year ended on that date.

The key details of the filing are summarised below:

Parameter:	Details
Regulation:	Regulation 31(4) of SEBI (SAST) Regulations, 2011
Declaration Date:	April 2, 2026
Submission Date:	April 3, 2026
Period Covered:	Financial year ended March 31, 2026
Declarant:	Pravin Kumar Brijendra Kumar Agarwal
Designation:	Promoter, Chairman & Managing Director
Encumbrance Status:	Nil (No encumbrance, direct or indirect)
Submitted To:	BSE Limited and National Stock Exchange of India Limited

Compliance Background

Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 requires promoters and promoter groups of listed companies to submit an annual declaration regarding the encumbrance status of their shareholding. This filing ensures transparency in promoter holdings and safeguards investor interests by disclosing any pledge or charge on shares held by the promoter group.

Garuda Construction & Engineering Limited, incorporated under CIN No. L45400MH2010PLC207963 and formerly known as Garuda Construction and Engineering Private Limited, is registered at A-201, 2nd Floor, Fortune 2000, C-3 Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051. The declaration was duly signed by the Managing Director and Chairman and forwarded to the Audit Committee of the company as well.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.11%	-12.82%	+0.87%	-23.62%	+63.80%	+61.24%

Garuda Construction & Engineering Limited has announced the resignation of Ms. Priyanka Yadav from her position as Independent Director, effective April 3, 2026. The company informed BSE Limited and National Stock Exchange of India Limited about this development in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Ms. Priyanka Yadav (DIN: 08858855) submitted her resignation letter on April 3, 2026, stepping down from her role as Independent Director and from various committees of the company with immediate effect. The resignation was attributed to personal reasons, with the director confirming that there are no other material reasons beyond those stated.

Parameter:	Details
Director Name:	Ms. Priyanka Yadav
DIN:	08858855
Resignation Date:	April 3, 2026
Reason:	Personal reasons
Position:	Independent Director (Non-Executive)

Other Directorships

As part of the regulatory disclosure, the company provided details of Ms. Yadav's directorships in other listed entities. She currently holds Independent Director positions in multiple companies with various committee memberships.

Company Name:	Category:	Committee Memberships:
Artemis Electricals and Projects Limited:	Non-Executive Independent Director	Audit Committee, Nomination and Remuneration Committee
Electro Force (India) Limited:	Non-Executive Independent Director	Audit Committee, Corporate Social Responsibility, Nomination and Remuneration Committee, Stakeholder Relationship Company
Blue Jet Healthcare Limited:	Non-Executive Independent Director	NIL

Regulatory Compliance

The company has fulfilled all requirements under Regulation 30 of SEBI Listing Regulations by providing comprehensive details about the resignation. The Board meeting to discuss this matter commenced at 03:30 pm and concluded at 04:30 pm. Chairman & Managing Director Pravin Kumar Brijendra Kumar Agarwal (DIN: 00845482) signed the intimation letter sent to stock exchanges.