Ganesh Benzoplast 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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Awaiting price reaction for this filing.
Ganesh Benzoplast Limited has submitted the annual disclosure required under Regulation 31(4) of the SEBI Takeover Regulations for the financial year ended March 31, 2025. Promoter Rishi Pilani, on behalf of himself and the promoter group along with Persons Acting in Concert (PAC), confirmed holding 2,80,85,479 shares in the company as of March 31, 2025. The promoter group stated that no encumbrance (pledge or otherwise) was created on their shares during the financial year. As of March 31, 2025, the promoter group has NIL shares of the company encumbered or pledged.
This is a routine annual compliance filing and is generally a positive signal for shareholders, as it confirms the promoter group holds shares without any pledges or encumbrances, indicating no immediate risk of forced selling. The disclosure itself is unlikely to move the stock price meaningfully.