Bhartiya International 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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Awaiting price reaction for this filing.
The promoters and promoter group of Bhartiya International Limited, along with Persons Acting in Concert (PACs), have submitted their annual declaration under SEBI Takeover Regulations for the financial year ended 31st March 2025. They have confirmed that they did not create any encumbrance (pledge or lien) on their shares in the company during the year, directly or indirectly. They have also stated that none of the shares held by them in the company are currently encumbered. The declaration is signed by Snehdeep Aggarwal as authorised signatory on behalf of all promoters, promoter group members, and PACs, and a list of these entities has been enclosed.
This is a routine annual compliance filing and a neutral-to-slightly-positive signal for shareholders, as it confirms that promoter holdings are completely free of any pledges or encumbrances — reducing concerns about forced selling or margin calls on promoter shares.