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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Awaiting price reaction for this filing.
Dev Surana, on behalf of the promoter and promoter group of Ddev Plastiks Industries, has submitted a yearly declaration to BSE and NSE as required under Regulation 31(4) of SEBI's Takeover Regulations. The disclosure covers the financial year ended 31st March 2025. The promoter group includes Mr. Narrindra Surana, Mrs. Sarla Surana, Mrs. Tara Devi Surana, Mr. Ddev Surana, and Bbigplas Poly Private Limited. The key declaration is that no member of the promoter group has created any encumbrance (such as a pledge or lien) on their shares in the company during the year.
This is a routine compliance filing and is neutral to mildly positive for shareholders, as it confirms promoters have not pledged or otherwise encumbered their holdings, indicating no immediate liquidity stress at the promoter level.