BENGAL & ASSAM COMPANY 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.
Awaiting price reaction for this filing.
Bengal & Assam Company Limited, the promoter of Umang Dairies Ltd, has filed its annual declaration under SEBI Takeover Regulations. The declaration confirms that the promoter and persons acting in concert have not created any encumbrance (pledge, lien, or charge) on shares of Umang Dairies during the financial year 2024-25. The filing was made on behalf of the entire promoter group, which includes Bengal & Assam Company, Accurate Finman Services, and Siddhivinayak Trading and Investment. The declaration is a routine annual compliance requirement under Regulation 31(4).
This is a neutral-to-mildly positive disclosure. It confirms the promoter group has not pledged or encumbered their shareholding in Umang Dairies during the year, signalling no immediate risk of forced selling or margin pressure on promoter holdings.