Alicon Castalloy 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.
ALICON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Alicon Castalloy's promoter S. Rai, on behalf of the promoter group, has filed a declaration under SEBI Regulation 31(4) confirming that no shares held by the promoters or promoter group were pledged or encumbered in any way during the financial year ended 31st March 2025. This is a mandatory annual disclosure confirming the promoters did not create any new pledge, lien, or encumbrance on their holdings. The declaration was submitted to both BSE and NSE on 19th-20th May 2025. It indicates the promoter group maintained a clean, unencumbered shareholding throughout the year.
Positive for shareholders — confirms promoter holdings remain fully unencumbered, reducing concerns about forced selling risks from pledged shares and signalling financial stability of the promoter group.