Disclosures under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Awaiting price reaction for this filing.
ICL Organic Dairy Products has filed the annual Regulation 31(4) disclosure with BSE for the financial year ended 31st March 2025. The filing is signed by promoter Roop Kishore Gola on behalf of all seven promoters of the company. The promoters declare that they have not created any encumbrance (pledge, lien or charge), directly or indirectly, on their shares in the company during FY25. This is a routine yearly compliance submission required from promoters of listed companies under SEBI takeover rules.
This is a routine compliance filing and not a corporate action event. It confirms no new pledging or charges were created on promoter-held shares during the year, which is neutral to slightly positive as it indicates promoters did not need to pledge shares for funding needs.