Disclosure under Regulation 31(4) of SEBI ( Substantial Acquisition of Shares and Takeovers) Regulations, 2011
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Awaiting price reaction for this filing.
The promoter and promoter group of Eco Recycling Ltd, led by Mr. Brijkishor Kishangopal Soni, have filed the annual Regulation 31(4) disclosure for the financial year ended March 31, 2025. As on March 31, 2025, the promoter and promoter group hold 1,41,53,451 equity shares, which is 73.34% of the company. Importantly, the promoters have confirmed that they did not create any encumbrance (such as pledge or lien) on their shares, directly or indirectly, during the entire financial year. This is a routine annual compliance filing required from promoters.
No negative impact — the disclosure confirms promoters hold a strong 73.34% stake and have not pledged any shares, indicating no immediate financial stress or risk of forced selling. Shareholders can view this as a neutral-to-positive signal about promoter confidence and stability.