Cello World 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.
Cello World's promoter Pradeep G Rathod, on behalf of all promoters, promoter group entities, and persons acting in concert, has filed a Regulation 31(4) disclosure with the stock exchanges. He confirmed that no encumbrance (pledge, lien, or any such charge) was created, directly or indirectly, on equity shares of the company during the financial year ended March 31, 2025. He further confirmed that as on March 31, 2025, zero (NIL) equity shares of Cello World are encumbered or pledged by the promoter group. The disclosure covers 96 promoter and promoter group entities including individuals, HUFs, family trusts, and group companies.
This is a routine annual compliance filing, not a corporate action. It is a positive signal for shareholders as it indicates that promoter holdings are completely unencumbered, meaning no shares are pledged as collateral, which reduces risk of forced selling or margin call concerns. No direct stock price impact expected.