Pradeep Kumar Kheruka 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.
BOROSCI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pradeep Kumar Kheruka, on behalf of the promoters and persons acting in concert (PAC) of Borosil Scientific Limited, has filed a confirmation under SEBI Regulation 31(4). The disclosure confirms that as of March 31, 2026, the promoters have not created any encumbrance (pledge) on their equity shares during the financial year. The filing explicitly states that NIL shares are encumbered by the promoter group. The PAC list includes 11 entities including Kiran Kheruka, Rekha Kheruka, Shreevar Kheruka, and various LLPs and companies. This is a negative confirmation filing, meaning it reports the absence of pledges rather than any change in encumbrances.
This is a positive disclosure for investors as it confirms that promoter shares are free of any pledge or encumbrance, reducing risk of forced sale scenarios. It provides transparency on promoter shareholdings.