DIC India Limited�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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Awaiting price reaction for this filing.
DIC Asia Pacific Pte Ltd, a promoter of DIC India Limited, has submitted a regulatory disclosure to the stock exchanges confirming it holds 6,586,077 equity shares in the company as on 31st December 2024 and 31st March 2025. The disclosure is filed under Regulation 31(4) of the SEBI Takeover Regulations, which requires promoters to declare their shareholding at the end of the financial year. The promoter has further confirmed that it, along with persons acting in concert, has not created any encumbrance (pledge, lien, or charge) on the shares held in the company during this period. The filing was signed by Paul Koek, Regional Managing Director of DIC Asia Pacific Pte Ltd.
This is a routine compliance filing and is neutral to mildly positive for shareholders, as it confirms that the promoter group has not pledged or encumbered its holdings, signalling stability in promoter ownership. No impact on stock price is expected from this disclosure.