SUPER SACK PVT. 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.
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Super Sack Pvt. Ltd., the promoter company of Commercial Syn Bags Limited, along with Pravi Investment LLP (Person Acting in Concert), has filed the annual declaration under SEBI Regulation 31(4) for FY ended 31 March 2025. The promoter group has confirmed that no encumbrance (pledge or similar) was created, directly or indirectly, on the company's shares during the year. The only restriction noted is that Pravi Investment LLP holds 11,97,906 shares under lock-in until 31 August 2025 due to a preferential issue under SEBI (ICDR) Regulations. Additionally, Pravi Investment LLP was allotted 10,00,000 warrants at Rs. 72 each (convertible into 10,00,000 equity shares at Rs. 10 face value + Rs. 62 premium), exercisable within 18 months (by 19 September 2026), with a lock-in period up to 19 March 2026.
This is a routine annual compliance filing confirming no new encumbrance on promoter-held shares, so there is no negative signal for shareholders. The lock-in restrictions are regulatory in nature (arising from a preferential issue) and do not affect free-float or trading in existing shares. No material impact on the stock price is expected.