Adventz Finance Private Limited 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.
Awaiting price reaction for this filing.
Adventz Finance Private Limited, part of the promoter/promoter group of Mangalore Chemicals & Fertilizers, has filed an annual disclosure with the stock exchanges as required under Regulation 31(4) of the SEBI Takeover Regulations, 2011. In this filing, the company has declared that it, along with persons acting in concert, has NOT created any new encumbrance (pledge or other charge) on the shares of Mangalore Chemicals & Fertilizers during the financial year ended March 31, 2025, other than what has already been disclosed earlier. This is a routine yearly compliance submission confirming that the existing encumbrance position remains unchanged.
Neutral to mildly positive for shareholders — it confirms that the promoter group has not added new pledges or encumbrances on the company's shares during the year, indicating no fresh leveraging of promoter holdings.