Dharani Sugars and Chemicals Limited has submitted a disclosure under Regulation 31(a) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended March 31, 2026. The disclosure, signed by the promoter, indicates that the promoter and promoter group have not created any new encumbrances on their shares, either directly or indirectly, during the said financial year. The company has confirmed that the shares pledged are those that were pledged in previous years. The disclosure details the promoter and promoter group entities, their total paid-up capital, the number of shares pledged, and the percentage of shares pledged. Notably, entities like Dharani Credit & Finance (P) Ltd, Dr Palani G. Periasamy, Visalakshi Periasamy, Ananthi Developers Ltd, and Dr Palani G. Periasamy/Ms Visalakshi Periasamy have 100% of their pledged shares encumbered. K Kandasamy has 95.70% of its shares pledged, while Javanthi Periasamy has 83.58% pledged. Other entities listed, including Dharani Developers (P) Ltd, Nalini Periasamy, Ananthi Periasamy, Santhi Periasamy, Dharani Finance Ltd, Vijaivalakshmi Kandasamy, and R Murusavel, have either no new pledges or significantly lower percentages of pledged shares, with some having 0% pledged in the current financial year. The total number of shares held by the promoter and promoter group is 2,04,36,006, representing 61.55% of the total paid-up capital. Out of this, 1,10,32,168 shares, representing 53.98% of the promoter/promoter group's shareholding, were pledged as of March 31, 2026.
