BSEAveer Foods LtdLowNeutral
Announced Wed, 9 Apr · 16:44 IST

Dear Sir, Please find attached herewith a disclosure.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Aveer Foods has submitted its annual compliance disclosure under SEBI's Takeover Regulations for the financial year ended 31 March 2025. Chairman and promoter Mr. Rajkumar Chordia, on behalf of the entire promoter group, has confirmed that no encumbrance (pledge or otherwise) was created on any shares held by the promoters or persons acting in concert during the year. He further confirmed that as on 31 March 2025, zero shares held by the promoter group were encumbered or pledged. This is a routine yearly filing and no transaction is reported.

Likely market impact

Neutral for shareholders. The disclosure removes any uncertainty around hidden pledges on promoter holdings, confirming that the promoter group's stake in Aveer Foods is fully unencumbered. No price action is expected from this filing.