Gulshan Gulu Malkani has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
ADOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gulshan Gulu Malkani, a promoter of Ador Welding Limited, has submitted a disclosure confirming that neither he nor any persons acting in concert (PACs) have created any encumbrance (pledge) on the company's shares held by them during financial year 2025-26. This is a negative confirmation filed under SEBI's substantial acquisition regulations, where promoters are required to periodically declare their pledge status. The disclosure carries a date of 1st April 2026, likely in reference to the end of FY 2025-26.
Positive signal for shareholders as it indicates promoters have not pledged additional shares, meaning their holding remains unencumbered and there is no immediate risk of forced selling from margin calls.