Pradeep Maheshwari 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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Pradeep Maheshwari, promoter of Brand Concepts Limited, has filed a declaration under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The declaration, dated April 1, 2025, covers the financial year ending March 31, 2025. He confirms on behalf of himself, the promoter Pradeep Maheshwari HUF, and promoter group members (Prateek Maheshwari, Annapurna Maheshwari, and Sakshi Rathi Maheshwari) that no new encumbrances such as pledges or loans against shares have been created beyond those already disclosed to stock exchanges. This is a routine annual compliance filing required from promoters.
This is a routine compliance disclosure with no material impact on shareholders. It reassures investors that promoters have not created any new undisclosed pledges or encumbrances on their shareholdings during the financial year.