Galaxy Surfactants Limited 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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Five individuals associated with Galaxy Surfactants Limited have submitted nil disclosures under SEBI Regulation 31(4), confirming that no encumbrance (pledge or charge) was created on the company's equity shares by them or their immediate relatives during the financial year ended March 31, 2026. The filers include U. Shekhar, Gopalkrishnan Ramakrishnan, Shashikant Rayappa Shanbhag, Siddharth Patil, and Yash Patil. This is a routine compliance filing required under takeover regulations for persons holding more than a certain threshold of shares. All declarations state zero encumbrance on shares.
Neutral for shareholders. The nil disclosures indicate no additional pledges were created on promoter group shares during FY26, which is a positive sign for shareholder value as it means no risk of forced share sales due to loan defaults.