The Gayatri Sugars pledge release disclosure submitted to BSE on October 5, 2026, covers the release of encumbrances over 59,12,353 equity shares held by promoters. The revised filing refers to an earlier intimation dated August 23, 2026, and reports August 13, 2026, as the release date.

Submitted on behalf of the promoters and promoter group, the disclosure falls under Regulations 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. T. Indira Reddy signed the submission, which identifies the listed company by BSE code 532183.

The covering letter describes the transaction as a release of pledge. The accompanying shareholding schedule classifies the encumbrance type as “Others” and gives “Debt Cleared” as the reason against each of the three release entries. It names Aprana G as the entity in whose favour the shares were encumbered.

Release details across three promoter holdings

  • Subbarami Reddy Tikkavarapu: All 32,55,814 previously encumbered shares were released, leaving no shares encumbered under this holding.
  • T. Indira Reddy: The release covered 1,43,508 shares out of 37,93,508 previously encumbered shares. The remaining encumbered holding stood at 36,50,000 shares, or 4.91% of total share capital.
  • T.V. Sandeep Kumar Reddy: A total of 25,13,031 shares were released from the previously encumbered holding of 67,63,031 shares. The balance stood at 42,50,000 shares, or 5.72% of share capital.

Together, these entries account for the 59,12,353 shares cited in the covering letter. The schedule reports 79,00,000 shares, representing 10.63% of share capital, as remaining encumbered after the event.

Aggregate figures in the revised schedule

The disclosure lists total promoter and promoter-group holdings of 3,48,77,281 shares, representing 46.94% of share capital. Before the reported releases, encumbered holdings totalled 1,38,12,353 shares, or 18.59%.

The release-percentage column contains an inconsistency: the three individual entries show 4.38%, 0.19% and 3.38%, while the total row states 12.19%. The supplied filing does not explain that difference. The release share counts, however, add up to the total stated in the covering letter.