Anjali A. Mohite 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.
Promoter Anjali A. Mohite, along with persons acting in concert (PAC), has submitted an annual declaration to the exchanges confirming that no equity shares of the company were pledged or encumbered directly or indirectly during the financial year ended 31 March 2026. The filing also explains the company's background: it was under liquidation pursuant to an NCLT order dated 11 March 2019, and was subsequently sold as a going concern to Mahaalaxmi Textile in March 2024. Several corporate actions, including cancellation of old promoter shares, reduction of public shareholding, share consolidation, and allotment to new promoters, are still being processed at the Registrar of Companies, stock exchanges, and depositories, and extinguishment of old promoter shares is not yet reflected in databases.
This is a routine annual compliance filing confirming no pledges or encumbrances were created, with no material impact on shareholding or stock price. Investors should note that the company is in a transition phase post-NCLT liquidation, with the new promoter structure still being formalised at the ROC and depository level, which may cause temporary discrepancies in shareholding records.