Sundaram Multi Pap Limited Files Annual Promoter Shareholding Disclosure for FY26 Under SEBI Takeover Regulations
Sundaram Multi Pap Limited filed its annual promoter shareholding disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, for the financial year ended March 31, 2026. The promoter and promoter group held 14,74,40,311 equity shares as on March 31, 2026, of which 32,72,000 shares were pledged with adequate disclosures made. The promoters declared that no additional encumbrance, direct or indirect, was created during the financial year. The disclosure was submitted to BSE Limited and the National Stock Exchange of India Ltd. on April 06, 2026.

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Sundaram Multi Pap Limited, a manufacturer of exercise books and paper stationery, has filed its annual declaration under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, with BSE Limited and the National Stock Exchange of India Ltd. The disclosure, dated April 06, 2026, pertains to the financial year ended March 31, 2026, and was submitted on behalf of the promoter and promoter group by Whole-time Director Krunal Shantilal Shah.
Promoter Shareholding and Pledge Details
The promoter and promoter group, along with persons acting in concert, have disclosed their equity shareholding position as on March 31, 2026. The declaration confirms that adequate and timely disclosures were made with respect to the pledged shares during the financial year. The key details of the disclosure are presented below:
| Parameter: | Details |
|---|---|
| Disclosure Date: | April 06, 2026 |
| Financial Year: | Ended March 31, 2026 |
| Total Equity Shares Held: | 14,74,40,311 |
| Shares Pledged: | 32,72,000 |
| Additional Encumbrance Created: | Nil |
| Regulatory Reference: | Regulation 31(4), SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 |
Declaration on Encumbrance
In their disclosure, the members of the promoter and promoter group, represented by promoters Amrut P. Shah and Shantilal P. Shah, declared that no encumbrance — direct or indirect — was created during the financial year ended March 31, 2026. The declaration further confirms that timely and adequate disclosures were made for the 32,72,000 shares that remain pledged as of the reporting date.
Regulatory Compliance
The filing was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, which mandates annual disclosure by promoters and promoter groups regarding their shareholding and any encumbrance on shares. The disclosure has been addressed to both BSE Limited and the National Stock Exchange of India Ltd. for their records, and a copy has been forwarded to the Audit Committee of Sundaram Multi Pap Limited.
Historical Stock Returns for Sundaram Multi Pap
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.43% | -2.82% | +8.66% | -26.98% | -29.95% | +15.00% |
Will Sundaram Multi Pap's promoters look to reduce or fully release the 32,72,000 pledged shares in the upcoming financial year, and what conditions might trigger such a move?
How might the existing share pledge impact Sundaram Multi Pap's ability to raise fresh capital or pursue expansion plans in the stationery and paper products segment?
Could any deterioration in Sundaram Multi Pap's stock price put the pledged shares at risk of forced selling, and what would be the potential impact on promoter control?


































