Disclosure made under Reg 31(4) of SEBI (Substantial Acquistion of Shares and Takeovers) Reg, 2011
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Awaiting price reaction for this filing.
Promoter Ramesh Chander Gupta has filed the annual declaration under SEBI Takeover Regulations for FY ending March 31, 2025, confirming no change in promoter shareholding during the year. The individual promoter holds 2,72,955 shares (5.31%), while the entire promoter group holds 12,63,262 shares (24.58%) in the company. This is a routine annual compliance filing and not related to any new purchase or sale of shares.
Neutral filing for shareholders. Promoter group continues to hold 24.58% of the company, which is well below the 50% mark, meaning there is no change in ownership and no immediate takeover implications. Investors should note the relatively low promoter holding, which means the stock could be more vulnerable to large block deals or significant stake changes.