DCM Nouvelle 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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Hemant Bharat Ram, a promoter of DCM Nouvelle Limited, has filed an annual disclosure with the stock exchanges as required under Regulation 31(4) of the SEBI Takeover Regulations, 2011. In the disclosure, he has confirmed that he did not create any encumbrance (such as a pledge or lien) on the shares held by him, directly or indirectly, during the financial year ended March 31, 2025. This is a routine yearly compliance filing, and no specific transaction details or share quantities are disclosed in the letter.
This is a routine compliance declaration with no material impact on the stock price. It simply confirms that the promoter did not pledge or otherwise encumber his shares during the year, which may offer mild reassurance to investors about the absence of new pledge-related risks.