Navin Bachubhai Doshi and Kundan Navinchandra Doshi 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.
CORALFINAC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Two promoters of Coral India Finance & Housing, Navin Bachubhai Doshi and Kundan Navinchandra Doshi, have submitted a compliance declaration to BSE and NSE under SEBI's Takeover Regulations. They confirm that they, along with persons acting in concert, have not created any new encumbrance (such as a pledge or lien) on their shares of the company during FY 2024-25, beyond what was already disclosed. This is a routine annual compliance filing required from promoters regarding encumbrances on their holdings.
This is a neutral, routine disclosure with no impact on shareholders or stock price. It simply confirms that promoters have not pledged or otherwise encumbered any additional shares during the financial year.