Orbit Electricals Private Ltd 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.
FINCABLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Orbit Electricals Private Limited, a promoter entity/person acting in concert, has submitted a declaration to NSE and BSE confirming that it has NOT created any encumbrance (pledge) on its equity shares of Finolex Cables Limited during the financial year ended 31st March, 2026. This is a negative confirmation filing — the company is stating the absence of pledges rather than disclosing a new pledge. The filing covers the entire FY 2025-26 period.
Positive for shareholders — the absence of promoter share pledges reduces the risk of forced selling pressure that typically arises when pledged shares are invoked by lenders.