Sun Pharma Advanced Research Promoter Declares No Share Encumbrance for Q4FY26
Dilip S. Shanghvi, promoter of Sun Pharma Advanced Research Company Limited, filed a regulatory declaration on April 02, 2026, confirming no encumbrance on company shares as of March 31, 2026. The declaration was made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically Regulation 31(4). Shanghvi confirmed that neither he nor the promoter group have created any new encumbrances on shares during the financial year, maintaining transparency in promoter shareholding patterns.

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Dilip S. Shanghvi, promoter of sun pharma advanced research co , has filed a regulatory declaration with the National Stock Exchange and BSE Limited, confirming no encumbrance on company shares as of March 31, 2026. The declaration was submitted on April 02, 2026, in compliance with SEBI regulations governing substantial acquisitions and takeovers.
Regulatory Compliance Declaration
The declaration was made under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrances created on shares of the target company during specified periods.
| Parameter: | Details |
|---|---|
| Declaration Date: | April 02, 2026 |
| Reference Period: | As of March 31, 2026 |
| Regulation: | SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 - Section 31(4) |
| Promoter: | Dilip S. Shanghvi |
Share Encumbrance Status
Shanghvi confirmed that as of March 31, 2026, neither he nor the promoter group and persons acting in concert have created any encumbrance, directly or indirectly, on the shares of Sun Pharma Advanced Research Company Limited. The declaration specifically noted that no new encumbrances were made other than those already disclosed during the financial year.
Stock Exchange Communication
The formal declaration was addressed to both major Indian stock exchanges where the company's shares are listed. The communication was sent to the National Stock Exchange of India Limited and BSE Limited, ensuring compliance with disclosure requirements across all trading platforms.
| Exchange: | Code |
|---|---|
| National Stock Exchange: | SPARC |
| BSE Limited: | 532872 |
The declaration serves as an important transparency measure, providing investors and regulatory authorities with current information about promoter shareholding patterns and any potential encumbrances that could affect share ownership or voting rights.
Historical Stock Returns for Sun Pharma Advanced Research Co
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.35% | -4.80% | +24.36% | +8.91% | -5.84% | -18.44% |
What strategic initiatives might Sun Pharma Advanced Research pursue now that promoter shares remain unencumbered?
Could this clean shareholding status signal potential merger or acquisition discussions in the pharmaceutical sector?
How might this declaration impact institutional investor confidence and future funding opportunities for the company?


































