Neelamalai Agro Industries 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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Awaiting price reaction for this filing.
Neelamalai Agro Industries Limited, along with other promoter group entities of AVT Natural Products, has filed a declaration confirming that no shares were pledged, liened, or otherwise encumbered by the promoters during the financial year ending March 31, 2025. The disclosure shows all six promoter group entities — including Mr. Ajit Thomas (1.00%), Mrs. Shanthi Thomas (0.12%), Mr. Ashwin Thomas (0.03%), Neelamalai Agro Industries (40.00%), Midland Rubber and Produce Company (29.85%), and Nelliampathy Tea and Produce Company (4.00%) — reported NIL encumbrance activity for the full year. The combined promoter group holding in AVT Natural Products stands at approximately 75%.
This is a routine annual compliance filing confirming that promoters have neither pledged additional shares nor released existing pledges during the year. For shareholders, it signals promoter stability and absence of financial stress that might force share pledges, which is mildly reassuring for the stock.