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Awaiting price reaction for this filing.
Chordia Food Products has submitted a yearly disclosure to BSE under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulation 31(4) for the financial year ended 31 March 2025. The disclosure was filed by Chairman and Managing Director Pradeep Chordia on behalf of the entire promoter group. He has confirmed that no shares held by the promoters or promoter group were encumbered or pledged during the financial year. As of 31 March 2025, none of the promoter group shares carry any pledge or encumbrance.
This is a routine, neutral-to-positive disclosure confirming that promoter holdings are fully unencumbered, which removes any concern about forced selling or pledge-related risk for retail shareholders. It has no direct impact on stock price but signals financial stability of the promoter group.