Simon India Ltd 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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Simon India Ltd, which is a person acting in concert (PAC) with the promoter of Chambal Fertilizers & Chemicals, has filed its annual declaration under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations. The company has confirmed that it, along with other PACs, has not created any new encumbrance (such as pledge or lien) on the shares of Chambal Fertilizers during the financial year ended March 31, 2025, other than those already disclosed earlier. This is a routine annual compliance filing and does not indicate any new pledging, invocation, or release of shares.
This is a neutral, routine compliance disclosure with no material impact on shareholders. It simply confirms that no new encumbrances were created on promoter group shares during the year, which is mildly reassuring regarding the stability of the promoter's holding.