CP Capital 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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Seven promoter/promoter group members of CP Capital Limited (formerly Career Point Limited) have collectively filed declarations under Regulation 31(4) of SEBI's Takeover Regulations. The declarations confirm that no new share encumbrances (pledges) have been created directly or indirectly on the company's shares during the Financial Year ending March 31, 2026, beyond those already disclosed to the exchanges. The declarants include Om Prakash Maheshwari and Pramod Kumar Maheshwari (Promoters), along with Neelima Maheshwari, Kailash Bai Maheshwari, Rekha Maheshwari, Shilpa Maheshwari, and Nawal Kishore Maheshwari (Promoter Group). This is a routine periodic compliance filing for the Maheshwari family-controlled company.
This filing is neutral for shareholders as it simply confirms the status quo regarding promoter share pledges. The absence of new encumbrances indicates promoters have not increased their leveraged position in the company's shares during the year, which is a routine disclosure rather than a trigger event.