Ceigall India 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.
Ceigall India Limited has filed the annual disclosure under SEBI's takeover regulations confirming that no encumbrance (pledge, charge, or lien) was created on shares held by promoters, promoter group, or persons acting in concert during the financial year ended March 31, 2025. The promoter group collectively holds 14,29,46,810 shares, with zero shares encumbered across all seven promoter entities. Key holders include Ramneek Sehgal (3.66 crore shares), Ramneek Sehgal and Sons HUF (6.49 crore shares), and RS Family Trust (2.08 crore shares). The declaration was signed by promoter Ramneek Sehgal on April 4, 2025.
This is a routine but reassuring compliance filing — it confirms that promoters have not pledged any of their shares as collateral, reducing concerns about forced selling or margin call risks for retail investors.