Ninotchka Malkani Nagpal 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
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Ninotchka Malkani Nagpal, a promoter of Ador Welding Limited, has submitted a disclosure under SEBI Regulation 31(4). The disclosure confirms that she, along with persons acting in concert (PACs), has NOT created any encumbrance (pledge/charge) on the shares held by her during the financial year 2025-26. This is a periodic compliance filing required under SEBI's takeover regulations. The company is listed on NSE with scrip code 517041 and symbol ADOR.
Positive signal for investors as it confirms promoters have not pledged their shares, indicating no financial stress or intent to monetize holdings through debt. This reassures minority shareholders about promoter commitment to the company.