Ashok Jaipuria For and on behalf of Gayatri & Annapurna and other Promoters/PACs of the Company 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.
COSMOFIRST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cosmo First Limited's promoters (represented by Ashok Jaipuria on behalf of Gayatri & Annapurna and other Promoters/PACs) have submitted a declaration to BSE and NSE confirming that no encumbrance (pledge) was created on the company's equity shares during Financial Year 2025-26 (ended March 31, 2026). This is a routine regulatory filing required under SEBI Takeover Regulations to disclose promoter share pledging activity. The declaration indicates a clean pledge-free status for promoter holdings for the entire financial year.
A 'no pledge' declaration is positive for investors as it signals promoters have not leveraged their shareholding for loans, reducing risk of forced selling. This indicates a strong balance sheet position for the promoter group.