Sunil Vachani 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.
DIXON · price
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Sunil Vachani, Promoter of Dixon Technologies, has submitted a declaration confirming that neither he nor the Persons Acting in Concert (PAC) / Promoter group have created any encumbrance (pledge) over the company's shares during the financial year ended 31st March, 2026. The disclosure covers the entire promoter group including family members and family trusts (KSV Family Trust and PSV Family Trust). This is a routine regulatory filing under SEBI takeover regulations requiring promoters to declare share pledging status. The note clarifies that Sunil Vachani exercises no control over certain listed promoter group members (Ravi Vachani, Suresh Vaswani, Kamal Vachani).
Positive signal for shareholders as the absence of share pledges by promoters reduces risk of potential selling pressure from promoter-level debt obligations. This is a compliance filing with no direct impact on stock price.