Deepak 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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Deepak C Mehta, on behalf of the promoters and promoter group of Deepak Nitrite Limited, has submitted an annual declaration to NSE as required under SEBI's Takeover Regulations. The declaration confirms that the promoters did not create any encumbrance (such as a pledge or lien) on their equity shares in the company during the financial year 2024-25. This is a routine annual compliance filing and not a transactional event.
This is a neutral, compliance-only filing with no impact on shareholding or stock price. It reassures investors that promoters have not pledged their shares as collateral during the year, which removes one potential risk factor for shareholders.