Sailesh C. Mehta 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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Promoter Sailesh C. Mehta has filed an annual declaration to BSE and NSE on April 3, 2025, on behalf of all promoters and promoter group members of DFPCL. Under Regulation 31(4) of SEBI's Takeover Regulations, he confirmed that no new encumbrances (such as pledges or liens) have been created on the equity shares of the company held directly or indirectly during FY 2024-25. The filing lists eight promoter and promoter group entities, including Sailesh Mehta, Parul Mehta, Nova Synthetic Pvt Ltd, Robust Marketing Services Pvt Ltd, Sofotel Infra Pvt Ltd, Deepak Mehta, Yeshil Mehta, and Rajvee Mehta. Any encumbrances already disclosed to stock exchanges earlier remain unchanged.
This is a routine annual compliance filing and is neutral for shareholders. It reassures investors that promoters have not pledged any additional shares during the year, which is generally seen as a sign of promoter confidence in the company.