Davangere Sugar Company 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.
DAVANGERE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Davangere Sugar Company Limited has submitted a declaration under SEBI Regulation 31(4) for the financial year ended March 31, 2025. The promoters and promoter group, along with persons acting in concert, have confirmed that they did not create any encumbrance (pledge, charge, or lien) on the shares held by them in the company during the year. The declaration is signed by Shamanur Shivashankarappa Ganesh on behalf of all promoters, including individuals like Ganesh S S, Abhijith Ganesh Shamanur, Rekha Ganesh, Anchal Ganesh Shamanur, Akhil G Shamanur, Shamanur Shivashankarappa, S S Mallikarjuna, and promoter group entities such as Mafatlal Plywood Industries Pvt Ltd and Indian Cane Power Limited. S B Murugesh is identified as a person acting in concert.
This is a routine annual compliance filing and signals stability in promoter shareholding. It confirms no shares were pledged or encumbered by the promoters during FY25, which is a neutral-to-slightly-positive signal as it indicates promoters did not need to pledge shares for funding needs.