Celebrity Fashions 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.
Three members of the promoter and promoter group of Celebrity Fashions Limited — Venkatesh Rajagopal, Vidyuth Venkatesh Rajagopal, and Rama Rajagopal — have each filed declarations with BSE and NSE under SEBI Regulation 31(4). They confirm that the promoter group and persons acting in concert have not created any additional encumbrance (pledge or lien) on the company's shares during the financial year ended 31st March 2025, other than 77,53,920 equity shares that were already disclosed earlier. This is a routine annual compliance filing by the promoters required by SEBI takeover regulations.
This is a routine regulatory disclosure and is largely neutral for shareholders. It reassures investors that promoters have not pledged or encumbered any new shares beyond what was already known, which is mildly positive as it signals no fresh leveraging of promoter holdings.