Tarak Patel 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.
GMMPFAUDLR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tarak Patel, a promoter of GMM Pfaudler Limited, has submitted an annual declaration to BSE and NSE confirming that he and persons acting in concert did not create any encumbrance (pledge, lien, or mortgage) on the equity shares of the company during the financial year ended March 31, 2026. This is a routine compliance filing required under Regulation 31(4) of SEBI's Takeover Regulations, 2011. The filing was also copied to the Company Secretary and Compliance Officer of GMM Pfaudler.
This is a neutral-to-mildly positive disclosure confirming the promoter's shares remain unpledged, which reduces concerns about potential forced selling or margin pressure on the stock.