BSEDeco Mica LtdLowNeutral
Announced Fri, 10 Apr · 15:41 IST

Disclosure under Regulation 31(4) of SEBI(SAST) Regulation, 2011 as received from Key managerial personnel/ Director / member of promoter group.

Ownership Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+4.2%1-day move
₹59.00
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After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.2+1.7+4.7+8.5+3.1+1.4+5.7+3.4-1.3+5.1
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AI summary

Vijaykumar Agarwal, Managing Director and CEO of Deco Mica Ltd, has filed an annual declaration under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on behalf of all promoters and promoter group members. He confirmed that none of the promoters have created any encumbrance (pledge, lien, or similar charge) on their shares during the financial year ended March 31, 2026. The total promoter and promoter group holding stands at 29,41,900 shares, representing 70.5% of the company's total and diluted share capital. Vijaykumar Agarwal himself holds the largest stake at 37.53% (15,76,100 shares), followed by Santoshdevi V. Agarwal at 5.88% and Aadit Vishal Agarwal at 4.85%.

Likely market impact

This is a routine annual compliance filing and is broadly positive for shareholders, as it confirms that promoters have not pledged their shares with any lender, reducing concerns over any forced selling pressure. The high promoter holding of 70.5% also signals strong promoter commitment and a stable ownership structure.