Disclosure in Compliance with Regulation 31(4) of SEBI (SAST) Regulations that the promoters along with the persons acting in concert hereby declare and confirm that they have not made ....
Awaiting price reaction for this filing.
CRP Risk Management Ltd has filed a compliance disclosure with BSE confirming that promoters Hitesh P Asrani and Parmanand H Asrani, along with persons acting in concert, have not created any new encumbrances (pledges) on their shareholdings during FY 2025-26. The Managing Director Raza Mohammad Sayyad and promoter Hitesh Asrani signed the declarations affirming no additional charges were placed on promoter shares beyond what was already disclosed. This is a routine regulatory filing under SEBI takeover regulations requiring periodic promoter declarations.
Positive signal for investors as it indicates promoters have not taken new loans against company shares as collateral, reducing risk of forced share sales or dilution.