Kuldip Singh Rathee 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.
ASKAUTOLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Seven members of the ASK Automotive Limited promoter group — Kuldip Singh Rathee, Vijay Rathee, Prashant Rathee, Aman Rathee, Kanika Rathee, Vijeta Rathee, and Sarla Chahal — have each filed nil-encumbrance declarations under SEBI Regulation 31(4) for the financial year 2025-26. This regulation requires promoters to periodically disclose any pledges (encumbrances) created on their shareholdings. All seven declarants confirmed they have not directly or indirectly pledged any shares of the company during the period. The filings were submitted between April 4–6, 2026.
No pledges on promoter shares is a positive signal for investors as it indicates the promoter group has not leveraged their holdings, reducing risk of forced selling or dilution. This confirms clean promoter-level shareholding with no encumbrances.