Announced Mon, 6 Apr · 18:22 IST

Persuant to the provision of the Regulation 31 (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we hereby declare that we the members of Promoter and Promoter ....

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Awaiting price reaction for this filing.

AI summary

Advance Petrochemicals Limited has filed its yearly disclosure under SEBI SAST Regulation 31(4) for the year ended March 31, 2026. The Promoter and Promoter Group held 4,51,024 shares of the company as of March 31, 2026. Importantly, the filing explicitly states that no encumbrance of shares was made by the promoter group, either directly or indirectly, during the financial year ended March 31, 2026. This is a routine compliance filing confirming promoter shareholding status and the absence of any pledge or encumbrance activity on promoter shares during the year.

Likely market impact

This filing is neutral for shareholders as it confirms no additional pledges were created on promoter shares during FY2025-26. The absence of encumbrances indicates promoter commitment to the company without leveraging shareholdings for additional borrowing.