Sushila Bansal 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.
CANTABIL · price
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Awaiting price reaction for this filing.
Sushila Bansal, acting in concert with the promoters of Cantabil Retail India, has filed a Regulation 31(4) SEBI disclosure confirming that no encumbrance (pledge or lien) was created on her shares during the financial year ended March 31, 2025. She further confirmed that as on March 31, 2025, zero shares held by her in the company are encumbered or pledged. This is a routine annual compliance filing required from promoters and persons acting in concert under SEBI's takeover regulations. The disclosure is purely a 'nil' confirmation with no new transaction, pledge, or change in holding reported.
Reassuring for shareholders — zero pledged shares means no risk of forced selling or margin call pressure from the promoter group. This is a neutral-to-slightly-positive compliance disclosure with no material effect on stock price.