Hiten Barchha 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.
DRCSYSTEMS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hiten Barchha, Promoter & Managing Director of DRC Systems India Limited, has filed a declaration on behalf of the entire Promoter and Promoter Group (24 members including individuals and Yogiraj Buildcon Private Limited). The filing confirms that no encumbrance (pledge) over the company's shares was created, directly or indirectly, during the Financial Year ended March 31, 2026. This is a standard negative declaration under SEBI regulations requiring promoters to disclose any share pledges annually.
No pledge activity by the promoter group is a positive signal as it indicates no stress or borrowing against company shares, which is reassuring for shareholders.