Lovely Investment 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.
GHCLTEXTIL · price
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Lovely Investment Private Limited, a promoter entity of GHCL Textiles Limited, has filed a declaration under SEBI Regulation 31(4) confirming that it and persons acting in concert have not created any new encumbrances (pledges) on equity shares of GHCL Textiles during the financial year ended March 31, 2026, beyond what was already disclosed previously. The filing includes a comprehensive list of 38 promoter and promoter group entities including Anurag Dalmia, Gems Commercial Company, Dalmia Finance, and others. This is a routine negative disclosure required under takeover regulations to maintain transparency on promoter-level share pledging activity.
A 'no new pledge' declaration is a positive signal for minority shareholders as it indicates promoters have not leveraged their holdings further. The stock is unlikely to face immediate dilution pressure from forced selling risks.