Ddev Plastiks Industries 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.
DDEVPLSTIK · price
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Awaiting price reaction for this filing.
Ddev Plastiks Industries Limited has submitted to the stock exchanges the annual declaration required under SEBI's takeover regulations for the financial year ended 31 March 2025. All five members of the Promoter and Promoter Group — Bbigplas Poly Private Limited, Mr. Narrindra Suranna, Mrs. Sarla Surana, Mr. Ddev Surana, and Mrs. Tara Devi Surana — have individually confirmed that they did not create any encumbrance (such as a pledge or lien) on their shares in the company during the year. The declarations were received by the company on 7 April 2025 and submitted to BSE and NSE on 8 April 2025. This is a routine annual compliance filing, not a transaction announcement.
This is a neutral, routine compliance filing. It reassures shareholders that promoters have not pledged or encumbered their holdings during the year, which removes any near-term risk of forced selling from pledged shares. No material impact on the stock price is expected.