Akshay Poddar 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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Akshay Poddar, along with persons acting in concert (PAC), has submitted a declaration to the stock exchanges confirming that no new encumbrances (pledges or liens) were created on the company's shares during the financial year ended March 31, 2026. This is a routine regulatory filing under SEBI's Takeover Regulations requiring promoters to periodically declare any share pledges. The disclosure covers direct or indirect encumbrances, other than those already previously disclosed to the exchanges. Devendra Khemka signed on behalf of Akshay Poddar from Kolkata/Dubai.
This is a routine compliance filing with neutral impact. The absence of new share encumbrances by a significant shareholder (Promoter/PAC) is marginally positive for minority investors as it indicates no additional pledging of promoter shares, which could otherwise signal potential selling pressure.