Nitin Bhandari 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.
BHANDARI · price
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Nitin Bhandari, promoter of Bhandari Hosiery Exports Limited, has submitted a declaration confirming that neither the promoters nor any Persons Acting in Concert (PAC) created any encumbrance over their shareholding during the financial year ending March 31, 2026. The disclosure shows promoter shareholding of 88,06,960 shares with zero encumbrances. This is a routine compliance filing under SEBI regulations that tracks promoter pledging activity.
This is a neutral to slightly positive disclosure for investors. The absence of pledged shares indicates promoters have not leveraged their holdings, which can be viewed as a sign of financial stability or confidence in the company's prospects. No immediate impact on stock price expected.