Apollo Sindoori Hotels 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.
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A promoter of Apollo Sindoori Hotels has filed a regulatory disclosure confirming that the promoters and persons acting in concert have not created any encumbrance (such as a pledge, lien, or charge) on their shares, directly or indirectly, during the financial year ending 31st March 2025. The filing has been made under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The declaration is signed by Sindoori Reddy on behalf of the promoter group. This is a routine annual compliance submission required from promoter group members.
This is a neutral disclosure for shareholders, as it simply confirms that promoters have not pledged or otherwise encumbered their holdings, leaving no new risk of forced share sales. Routine filings like this typically have no material impact on the stock price.