Anjali 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 Mohite has submitted a disclosure under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, regarding encumbrance on promoter shares. The disclosure covers pledge details for multiple promoters including Shri Abhishek A. Mohite, Smt Anjali A. Mohite, Shri Sanjay B. Patil, and Late Anasaheb R. Mohite. Encumbered shares mentioned include totals of around 38.5 lakh, 27.3 lakh, and 15.8 lakh shares across various categories, with individual pledge amounts of roughly 45.1 lakh, 29.8 lakh, 17.3 lakh, and 12,015 shares. The filing references disclosures already made during the financial year 2011, suggesting these are existing/continuing pledges rather than fresh encumbrances.
This is a routine regulatory disclosure of existing promoter share pledges. Investors should monitor whether total pledged promoter holdings cross concerning thresholds, as high pledging can be a risk indicator if share prices fall. Without data on total promoter holdings, the precise level of pledged exposure cannot be assessed from this filing alone.