Hardik Bharat Patel 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.
DIGJAMLMTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hardik Bharat Patel, Director of Digjam Limited, has filed a disclosure on behalf of all promoters and promoter group entities confirming that no encumbrances (pledges, liens, or restrictions) were created on company shares during the financial year ending March 31, 2026. The filing lists five promoter group entities including Finquest Financial Solutions Pvt. Ltd., Hardik Bharat Patel, Minal Bharat Patel, Ballarpur Industries Limited, and Amartaru Hospitality Private Limited. All entities show zero shares encumbered in the attached annexure. This is a routine regulatory compliance filing required under SEBI takeover regulations to track promoter share pledging activity.
Positive for shareholders as it confirms promoters have not pledged their shares, eliminating risk of forced selling through margin calls or loan default recovery. Clean promoter holding structure reduces downward pressure on stock price from potential encumbrance liquidation.