Rajeev Goel 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.
Rajeev Goel, a promoter of Akg Exim Limited, has submitted a disclosure to NSE under SEBI's Takeover Regulations. In the letter, he confirms on behalf of all promoters that no promoter shares have been pledged or otherwise encumbered as of 31st March 2025. This is a routine annual/periodic compliance filing required by Regulation 31(4). There are no buy or sell transactions mentioned, only a declaration regarding the status of share encumbrance.
This is a neutral-to-positive compliance disclosure confirming that promoter shares are free of any pledge or encumbrance, reducing concerns about forced selling or margin calls. It is a routine regulatory filing and is unlikely to have a material impact on the stock price.