Devendra Khemka For and on behalf of Saroj Kumar 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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Devendra Khemka, acting on behalf of promoter Saroj Kumar Poddar, has submitted a disclosure under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This is a routine filing required when a person or group acting in concert holds more than 25% voting rights in a company, and pertains to details of share encumbrances (such as pledges) created on their holdings. The specific details of the encumbrance, pledge amounts, or any changes are not disclosed in the headline.
This is a standard regulatory compliance filing by the promoter and does not, by itself, indicate any change in stake or financial distress. Shareholders should look at the full disclosure document for details on any pledges or encumbrances on promoter shares.