Ashish Mangal 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.
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Ashish Mangal, on behalf of the Promoter and Promoter Group of Dynamic Cables Limited, has filed a disclosure confirming that no new share encumbrances (pledges) have been created during the financial year ended March 31, 2026. The filing lists 12 entities in the promoter group including Mr. Ashish Mangal, Mr. Rahul Mangal, Mrs. Saroj Mangal, and other family members along with Shiv Kripa Pipes LLP and Ashish Mangal HUF. This is a routine regulatory compliance filing under SEBI SAST regulations requiring promoters to disclose any share pledging activity.
This is a neutral-to-positive disclosure for shareholders as it confirms promoters have not increased their pledged shares beyond what was already disclosed, indicating no additional risk of promoter share disposal through encumbrance.