Ayush Vardhan Singhania 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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Ayush Vardhan Singhania, a promoter of Ester Industries, has submitted his annual declaration to NSE and BSE under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This is a routine annual compliance filing required from every promoter, confirming the promoter's (and persons acting in concert's) actions during financial year 2024-2025 with respect to share acquisitions in the target company. The declaration is submitted to the exchanges, with a copy also marked to the company's Audit Committee. There are no transactions, numbers, or stake changes mentioned in this filing.
This is a standard yearly compliance formality with no material impact on the stock price or shareholder value. It simply confirms the promoter's adherence to SEBI takeover rules during FY2024-25.