Concatenate Advest Advisory Private 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.
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Consolidated Finvest & Holdings Limited received a declaration from Concatenate Advest Advisory Private Limited, a promoter entity, confirming compliance with Regulation 31(4) of SEBI's Takeover Regulations for FY ended March 31, 2025. The promoter group and persons acting in concert have stated that they have not directly or indirectly encumbered (pledged) any shares of the company as on March 31, 2025. The list of promoters and PACs includes Concatenate Advest Advisory Pvt Ltd, Jindal Poly Investment and Finance Co Ltd, Jindal India Limited, Bhavesh Trust, Futuristic Trust, Mr. Bhavesh Jindal, and Mr. Shyam Sunder Jindal. This is a routine annual compliance filing with no new transaction or encumbrance being reported.
This is a routine annual compliance disclosure confirming that the promoter group holds their shares free of any pledge or encumbrance. There is no immediate impact on shareholders or the stock price, though it signals promoter confidence in the company with no liquidity-driven share pledges.