Promoters release encumbrance on 59,12,353 equity shares
Promoter T Indira Reddy shared a revised disclosure with BSE on 05.10.2026.
- Shares released from encumbrance
- 59,12,353 equity shares
- Release date
- 13.08.2026
- Reason shown
- Debt Cleared
- Encumbered promoter holding before
- 13812353 shares (18.59%)
- Encumbered promoter holding after
- 7900000 shares (10.63%)
What the disclosure records
Promoter T Indira Reddy has submitted a revised disclosure to BSE under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. It refers to an earlier intimation dated 23.08.2026 and records the release of encumbrance on 59,12,353 equity shares of Gayatri Sugars Limited. The covering letter describes it as a release of pledge, while the table records the type of encumbrance as Others, the reason as Debt Cleared, the date of release as 13.08.2026, and the entity in whose favour the shares were encumbered as Aprana G.
Who released how much
- T Subbarami Reddy Tikkavarapu: all 3255814 shares he had encumbered were released, leaving nothing under encumbrance for him.
- T. Indira Reddy: 143508 shares released; 3650000 shares remain under encumbrance.
- T.V. Sandeep Kumar Reddy: 2513031 shares released; 4250000 shares remain under encumbrance.
- Taken together, the released shares add up to 59,12,353 equity shares.
Before and after
- Total promoter holding in the company: 34877281 shares, or 46.94% of the total share capital.
- Promoter holding encumbered before this event: 13812353 shares, or 18.59%.
- Promoter holding encumbered after this event: 7900000 shares, or 10.63%.
What an encumbrance means
A promoter's shares are called encumbered when they are pledged with, or otherwise tied to, a lender as security against a loan. While shares are encumbered, the promoter cannot freely sell or transfer them. When the underlying loan is repaid, the encumbrance is released and those shares become free of that restriction. In this case the reason recorded in the table is Debt Cleared.
What to keep in mind
- The release changes how many promoter shares are free of restriction; the number of shares the promoters own and their percentage holding as stated in the disclosure stay the same.
- The release covers part of the promoter group's encumbered holding. After the event, two of the three named promoters still have shares shown as encumbered.
- This is a revised disclosure, shared with reference to an earlier intimation dated 23.08.2026.
- It is a promoter-side regulatory disclosure about the status of their shares, and does not by itself change the company's business or financials.
More numbers
- Equity shares released from encumbrance59,12,353
- Total promoter holding in the target company34877281
- Total promoter holding as % of total share capital46.94
- Promoter holding already encumbered before the release13812353
- Encumbered holding as % of total share capital before the release18.59
- Encumbered promoter holding after the release7900000
- Encumbered holding as % of total share capital after the release10.63
- Shares released - T Subbarami Reddy Tikkavarapu3255814
- Shares released - T. Indira Reddy143508
- Shares released - T.V. Sandeep Kumar Reddy2513031
- Shares of T. Indira Reddy still encumbered after the release3650000
- Shares of T.V. Sandeep Kumar Reddy still encumbered after the release4250000
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