Honeywell automation India Limited has received a formal declaration from its promoter regarding the absence of any encumbrance on equity shares for the financial year ended March 31, 2026. The declaration was submitted in compliance with regulatory requirements under SEBI takeover regulations.

Regulatory Compliance Declaration

The declaration was made pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates promoters to declare the status of encumbrance on their shareholdings in listed companies.

Promoter Shareholding Details

HAIL Mauritius Limited, the promoter entity, provided comprehensive details about its shareholding position. The promoter confirmed that no encumbrance has been created on the equity shares held by the promoter group.

Corporate Communication

The declaration was formally communicated to stock exchanges and the company's audit committee. Indu Daryani, Company Secretary and Compliance Officer (FCS No. 9059), facilitated the regulatory filing on behalf of Honeywell Automation India Limited.

The promoter entity, HAIL Mauritius Limited, is based at 5th Floor, Ebene Esplanade, 24 Cybercity Ebene, Mauritius. The declaration was signed by Soopendradas Sungker as the authorized signatory for the promoter entity.

Regulatory Significance

This declaration ensures transparency in promoter shareholding and compliance with SEBI regulations governing substantial acquisitions and takeovers. The confirmation of no encumbrance provides clarity to investors and regulatory authorities about the unencumbered nature of promoter holdings in the company.

Honeywell automation India Limited has announced an extension in the tenure of its Chief Financial Officer, following a mutual agreement between the Board of Directors and the executive. The development comes as part of the company's efforts to ensure operational continuity during the leadership transition period.

CFO Tenure Extension Details

Pulkit Goyal, who serves as Chief Financial Officer and Key Managerial Personnel under the Companies Act, 2013, will continue in his role until May 20, 2026. The extension was formalized through a communication dated April 20, 2026, addressed to both BSE Limited and National Stock Exchange of India Limited.

Background of the Resignation

Goyal had initially submitted his resignation on February 2, 2026, with the intention to step down from his position as CFO effective from the close of business hours on April 30, 2026. The resignation was submitted to pursue other opportunities, as stated in the regulatory filing.

Board's Request for Continuity

The Board of Directors requested Goyal to extend his tenure to ensure operational continuity until the next Board meeting. This request was made considering the importance of maintaining stability in financial operations during the transition period. The extension has been mutually agreed upon by both parties.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The relevant details have been provided in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The announcement reflects the company's commitment to maintaining operational stability while managing executive transitions in accordance with regulatory requirements.