Sandip Somany 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.
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Awaiting price reaction for this filing.
Sandip Somany, on behalf of all promoters and promoter group members of AGI Greenpac, has submitted a yearly declaration to the stock exchanges as required under SEBI's takeover regulations. The declaration states that during the financial year ended 31st March 2025, none of the promoters or persons acting in concert have created any encumbrance (pledge, lien, or similar charge) on their shares. The filing covers seven promoter entities, including individual promoters, the Somany HUF, Somany Impresa Limited, and the Matterhorn Trust.
This is a routine annual negative declaration confirming promoters did not pledge any of their shares in FY25, which is a mildly positive signal as it indicates no new leverage has been taken against promoter holdings.