Sudhir Agarwal 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.
DBCORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sudhir Agarwal, on behalf of all promoters and persons acting in concert of D.B. Corp Limited, has submitted an annual declaration confirming that no encumbrance (pledge) was created on the company's shares held by the promoter group during financial year 2025-26. This is a standard regulatory filing under SEBI Takeover Regulations. The filing includes a comprehensive list of 13 promoters and 57 promoter group entities, including individuals, private companies, LLPs, and trusts. The declaration covers shares held directly or indirectly by all these entities.
This is a positive/neutral disclosure for shareholders. The absence of any pledge on promoter shares removes concerns about potential share overhang or forced selling if lenders invoke collateral. It indicates promoters have not leveraged their holdings for borrowing during the year.