B. L. Kashyap and Sons 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.
BLKASHYAP · price
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Vinod Kashyap, on behalf of the Promoter and Promoter Group of B. L. Kashyap and Sons Limited, has filed a declaration with NSE and BSE confirming that no encumbrances (pledges) were created on the company's shares during the financial year 2025-26. This filing is a mandatory compliance requirement under SEBI's Takeover Regulations, specifically Regulation 31(4), which requires promoters to periodically disclose details of share pledges. The declaration was submitted on April 03, 2026, and copies were sent to the Listing Departments of both exchanges as well as the Audit Committee.
This declaration is a positive indicator for minority shareholders as it confirms the promoter group has not mortgaged or pledged their shares, reducing the risk of forced share sales that could depress the stock price.