P. Parvathi 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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P. Parvathi, a promoter of Deccan Cements Limited, has submitted a yearly declaration to the stock exchanges confirming that the promoters and persons acting in concert did not create any encumbrance (pledge, lien, or charge) on the company's shares during the financial year FY 2024-25. This is a mandatory annual disclosure required under SEBI's takeover regulations to inform the market about any encumbrances created by promoters on their holdings. The submission has been made to both BSE and NSE, with a copy also sent to the company's Audit Committee.
This is a neutral-to-slightly-positive disclosure as it confirms no new pledges or encumbrances were created by promoters during the year, indicating no financial stress or margin funding activity at the promoter level. Retail investors should view this as routine compliance with no material impact on stock price.