Reliance Industries has confirmed that it has not created any encumbrance on the shares of Alok Industries during the financial year 2025-26. The declaration, submitted to BSE Limited and National Stock Exchange of India Limited, was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure ensures that the promoter's shareholding remains unencumbered, providing clarity to shareholders regarding the status of the shares held directly or indirectly.

The filing explicitly states that neither Reliance Industries nor JM Financial Asset Reconstruction Company Limited, acting in its capacity as a Trustee of 'JMFARC- March 2018 – Trust', has pledged or encumbered any shares. JM Financial Asset Reconstruction Company Limited is identified as a person acting in concert with the promoter group. The declaration covers the entire financial year 2025-26, confirming the clean title of the shares held by these entities.

Regulatory Compliance

The submission addresses the requirements of the Takeover Regulations, which mandate promoters to disclose any encumbrance on their holdings. By confirming the absence of such encumbrances, Alok Industries and its promoter adhere to the regulatory framework designed to protect investor interests. The letter was signed by Savithri Parekh, Company Secretary and Compliance Officer of Reliance Industries, on April 08, 2026.

Key Entities Involved

The confirmation was addressed to the stock exchanges and copied to the Company Secretary and the Audit Committee of Alok Industries Limited. This procedural step ensures that all relevant stakeholders are informed about the standing of the promoter's shareholding.

Alok Industries Limited has appointed Shri Rajbir Saini as Manager and Key Managerial Personnel for a period of three years with effect from April 28, 2026. The appointment was made by the Board of Directors on the recommendation of the Nomination and Remuneration Committee and is subject to approval by the company's members.

Board Approval and Appointment Details

The Board of Directors meeting, which concluded at 04:35 p.m. on April 28, 2026, formally approved the appointment under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company filed the disclosure with both BSE Limited and National Stock Exchange of India Limited on the same day.

Professional Background and Experience

Shri Rajbir Saini brings over 20 years of diversified experience across manufacturing, textiles, petrochemicals, and research & development sectors. He currently serves as the Chief Human Resources Officer of the company and has held key leadership roles within the Reliance Group, including serving as Head – Human Resources at Recron (Malaysia) Sdn. Bhd.

Educational Qualifications and Career History

Prior to joining the Reliance Group, Shri Saini worked with Larsen & Toubro Limited and the Defence Research & Development Organisation (DRDO). His educational credentials include a master's degree in Human Resource Management & Labour Relations from the Tata Institute of Social Sciences (TISS), Mumbai, and a B.Tech (Hons.) in Mechanical Engineering from the National Institute of Technology (NIT), Kurukshetra.

Regulatory Compliance and Documentation

The disclosure was digitally signed by Anshul Kumar Jain, Company Secretary and Compliance Officer, on April 28, 2026. As part of the company's regulatory compliance framework, Shri Rajbir Saini joins the existing Key Managerial Personnel authorized for determining materiality of events and making requisite disclosures to stock exchanges, alongside Shri Jinendra Jain (Chief Financial Officer) and Shri Anshul Kumar Jain (Company Secretary and Compliance Officer).