Disclosure under Regulation 31(4) of SEBI( SAST) Regulations, 2011 as received from Key managerial personnel/ Director/ promoter/ member of promoter group.
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Awaiting price reaction for this filing.
Deco Mica Ltd has submitted its annual disclosure under SEBI regulations requiring promoters to declare any share pledging activity. Vijaykumar Agarwal, Managing Director and Promoter, submitted the declaration on behalf of all promoters and promoter group members. The key disclosure states that NO encumbrance (pledge) of shares was made by any promoter, either directly or indirectly, during the financial year ended March 31, 2026. This is a positive declaration indicating no promoter share pledging occurred during the year.
This is a neutral to slightly positive disclosure for shareholders. The absence of any share pledging by promoters indicates that promoters have not leveraged their holdings, which could otherwise signal potential selling pressure or risk. No immediate impact on stock price expected from this filing.