Jai 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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Jai Vardhan Singhania, promoter of Ester Industries, has filed a declaration with the stock exchanges under Regulation 31(4) of the SEBI Takeover Regulations, 2011. The declaration confirms that the promoter, along with persons acting in concert, has not made any share purchases or sales during financial year 2024-25 that would require an open offer to shareholders. The filing was submitted on 3rd April 2025 and is addressed to BSE, NSE, and the company's Audit Committee. This is a routine annual compliance requirement for promoters and does not involve any change in shareholding.
No impact on shareholders or stock price — this is a standard regulatory compliance filing confirming no undisclosed promoter share movements during the year.