Bhavin Suryakant Parikh 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.
GLOBE · price
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Bhavin Suryakant Parikh, a promoter of Globe Enterprises (India) Limited, has submitted a declaration to the National Stock Exchange under SEBI's Takeover Regulations. The disclosure states that he, along with persons acting in concert, has NOT created any encumbrance (pledge or charge) on the company's shares during the financial year ending 31st March 2026. This is a standard negative declaration filing, confirming no new pledges were added during the period. The filing is addressed to the NSE and copies are sent to the company's Chairman of the Audit Committee.
This is a routine compliance filing indicating no new promoter pledges were created during the year. It provides clarity that encumbrances on promoter shares remain unchanged from prior disclosures, which is a neutral to slightly positive signal regarding the promoter group's shareholding structure.