Atul Choksey 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.
APCOTEXIND · price
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Atul Choksey, a promoter of Apcotex Industries, has submitted a disclosure under Regulation 31(4) of SEBI's Takeover Regulations, 2011, on behalf of all promoters. The filing confirms that promoters have not pledged or otherwise encumbered any equity shares of the company during FY 2024-25. The total pledged or encumbered quantity currently stands at NIL equity shares. The disclosure is a year-end compliance filing required of promoters on an annual basis.
This is a neutral-to-positive signal for shareholders — it confirms zero encumbrance on promoter holdings, eliminating any short-term risk of forced share sales due to pledge-related triggers.