STEL Holdings Limited has confirmed that it holds 320 shares in Digidrive Distributors Limited as of March 31, 2026. The declaration, submitted to the stock exchanges, confirms that no shares were encumbered directly or indirectly during the financial year ended March 31, 2026. This disclosure was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The filing addressed the National Stock Exchange of India Limited and BSE Limited, providing details of the holding in the target company. The shares held by STEL Holdings Limited in Digidrive Distributors Limited carry a security code of DIGIDRIVE and a security ID of 544079. The company stated that the information was provided for the records of the exchanges and the audit committee of the board of directors of the target company.

Shareholding Details

The disclosure outlines the specific stake held by STEL Holdings Limited in Digidrive Distributors Limited at the end of the financial year.

Regulatory Compliance

The declaration was formally submitted by Sruthi Sindhu, Company Secretary of STEL Holdings Limited. The communication was digitally signed on April 7, 2026, and originates from the company's registered office in Cochin, Kerala. The confirmation of no encumbrance serves as a mandatory compliance update under the SEBI takeover regulations.

PCBL Chemical Limited has appointed Mr. Vaneet Kumar as Chief – Batteries and Executive Director, effective June 9, 2026, to strengthen its capabilities in the energy storage and battery technology sectors. The strategic leadership addition aims to drive innovation in these critical areas as the company advances its technological initiatives.

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed that the term of appointment is not applicable as Kumar is in full-time employment with the organization. The disclosure was submitted to the National Stock Exchange of India Ltd and BSE Ltd.

Executive Profile

Mr. Vaneet Kumar brings over 20 years of industry experience in energy storage, the automotive sector, and leading innovation in battery technology. His professional background includes significant tenures with SVOLT Energy Technology, ACME Cleantech Solution Pvt. Ltd, and Great Wall Motors Pvt. Ltd. Most recently, he served as SVP & CTO - Battery with Adani New Industries Ltd.

Kumar holds a B.Tech in Instrumentation Engineering from Punjab Technical University and an M.Tech in Instrumentation from IIT Bombay. The company confirmed there are no disclosure requirements regarding relationships between Directors in this instance.

Appointment Details