Growel Remedies holds 47.37% stake in Shivalik Rasayan
Growel Remedies Limited, the promoter of Shivalik Rasayan Limited, holds 74,61,677 shares (47.37%) as of March 31, 2026. The company confirmed no encumbrance of shares during FY26 in a regulatory filing.
*this image is generated using AI for illustrative purposes only.
Growel Remedies Limited, the promoter of Shivalik Rasayan Limited , holds 74,61,677 shares representing a 47.37% stake as of March 31, 2026. The disclosure confirms that no shares were encumbered, directly or indirectly, during the financial year ended March 31, 2026.
The declaration was submitted pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Rahul Bishnoi, Director of Growel Remedies Limited, signed the disclosure on April 4, 2026.
Shivalik Rasayan Limited subsequently filed the disclosure with BSE Limited and the National Stock Exchange of India Ltd on April 6, 2026. The filing was verified by Parul Choudhary, Company Secretary & Compliance Officer.
Shareholding Details
| Particulars | Details |
|---|---|
| Shareholder | Growel Remedies Limited |
| Relationship | Promoter |
| Shares held | 74,61,677 |
| Percentage holding | 47.37% |
| Date of holding | March 31, 2026 |
| Encumbrance status | Nil |
Historical Stock Returns for Shivalik Rasayan
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.48% | -6.52% | -14.18% | -40.59% | -58.77% | -76.73% |
Does Growel Remedies plan to maintain its 47.37% stake, or are there intentions to increase or reduce holdings in the near future?
What strategic initiatives will Shivalik Rasayan prioritize with the assurance of stable promoter backing and zero encumbrance?
How might this unencumbered promoter position influence Shivalik Rasayan's ability to raise capital or secure loans for expansion?
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