Kamal 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.
CHOICEIN · price
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Awaiting price reaction for this filing.
Kamal Poddar, on behalf of the promoter group and persons acting in concert (PAC) of Choice International Limited, has filed a disclosure confirming that no new encumbrances (such as pledges or charges) were created on shares held by them in the company during FY 2024-25, other than those already disclosed to the exchanges. This is a routine annual compliance filing required under SEBI's Takeover Regulations. The filing does not mention any buy or sell activity by promoters.
This is a neutral, compliance-driven disclosure. It reassures shareholders that promoters have not pledged additional shares, reducing concerns over potential forced selling. No direct impact on stock price is expected.