Ddev Surana 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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Ddev Surana, on behalf of the promoter group of Ddev Plastiks Industries Limited, has filed a Regulation 31(4) disclosure confirming that no member of the Promoter/Promoter Group or Persons Acting in Concert (PAC) created any encumbrance — directly or indirectly — on their shares during the financial year ended 31 March 2026. The disclosure covers six entities: Mr. Narrindra Suranna, Mrs. Sarla Surana, Mrs. Tara Devi Surana, Mr. Ddev Surana, and Bbigplas Poly Private Limited. This is an annual compliance filing to the BSE and NSE confirming a nil pledge position for the promoter group.
The absence of any encumbrance on promoter shares is a positive signal for minority investors, indicating that the promoter group has not leveraged their shareholding for debt, which reduces risk of forced selling.