Balaji Amines 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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Balaji Amines Limited has filed the annual Regulation 31(4) disclosure for the financial year ended 31st March 2025. Multiple promoters and promoter group members — including Ram Reddy Dundurapu, Hemanth Reddy Gaddam, Rajeshwar Reddy Nomula, Ande Prathap Reddy, Ande Srinivas Reddy, and the Smt. Gaddam Sushila Raja Reddy Foundation — have declared that no encumbrance (such as pledge, lien, or charge) was created on their shares in the company, directly or indirectly, during FY2024-25. This is a routine annual compliance filing required from all promoter group entities.
This is a neutral-to-positive signal for shareholders, confirming that promoters did not pledge or encumber their holdings during the year, indicating stable promoter confidence and no immediate liquidity stress at the promoter level.