Ganges Securities 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.
CHAMBLFERT · price
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Awaiting price reaction for this filing.
Ganges Securities Limited, part of the promoter group of Chambal Fertilizers, has filed an annual declaration with the stock exchanges confirming that neither it nor any person acting in concert has created any new encumbrance (pledge or similar charge) on the company's shares during the financial year ended March 31, 2025. This is a routine SEBI compliance filing required under Regulation 31(4) of the Takeover Regulations. The disclosure effectively means the existing pledge position remains unchanged from what was previously reported.
This is a neutral, routine compliance filing with no change in the promoter group's pledged holdings. Shareholders should see no material impact on the stock from this disclosure — it simply confirms no additional shares were pledged during the year.