�Rajendra kumar� Gupta Huf�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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Rajendra Kumar Gupta HUF, part of the promoter and promoter group of Baazar Style Retail Limited, has submitted a declaration to BSE and NSE as required under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This is an annual compliance filing in which promoters must disclose whether they have created any encumbrance (such as a pledge or lien) on their shares during the financial year. In this filing, the promoter group states that they have not made any encumbrance on shares, directly or indirectly, during the financial year ended 31 March 2025. No transaction numbers or share quantities are mentioned in the disclosure.
This is a routine annual compliance filing and is neutral for shareholders. The confirmation that promoters have not pledged any shares indicates no immediate liquidity or margin pressure on the promoter group from their holdings in the company.