Consolidated Finvest & Holdings 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 has filed a Regulation 31(4) disclosure for the financial year ended March 31, 2025. The disclosure, submitted by Concatenate Advest Advisory Private Limited on behalf of all promoters and persons acting in concert (PAC), confirms that none of the promoters have directly or indirectly encumbered (pledged) any shares of the company as on March 31, 2025. The list of promoters and PAC includes entities like Jindal Poly Investment and Finance Company, Jindal India Limited, and individuals Mr. Bhavesh Jindal and Mr. Shyam Sunder Jindal. This is a routine annual compliance filing under SEBI takeover regulations requiring promoters to declare whether they have pledged any shares.
This is a neutral, routine compliance disclosure confirming zero pledged shares by promoters, which is a positive signal for shareholders as it indicates no funding stress or margin call risk on promoter holdings. No impact on stock price is expected.