Lhonak Enternational Pvt. 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.
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Lhonak Enternational Pvt. Ltd., a promoter of GHCL Limited, has submitted a declaration under SEBI regulations confirming that it has NOT made any encumbrance (pledge) of equity shares held in GHCL Limited, either directly or indirectly. The filing includes a comprehensive list of 33 promoter entities and persons acting in concert (PAC), including names like Anurag Dalmia, Dalmia Finance Ltd, Golden Tobacco Limited, and various investment companies. This is a routine regulatory compliance filing where promoters disclose their pledge status on shareholdings.
This is a neutral to positive disclosure for shareholders. The confirmation that promoters have not pledged their shares indicates they have not leveraged their holdings, which reduces risk of forced selling. However, this is a standard compliance filing rather than a significant corporate action.