GOCOLORSNSEGo Fashion (India) LimitedLowNeutral
Announced Thu, 3 Jul · 18:58 IST

Rahul Saraogi  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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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rahul Saraogi, a promoter of Go Fashion (India) Limited, has filed a mandatory annual declaration with the stock exchanges under Regulation 31(4) of the SEBI Takeover Regulations. In the letter, he confirms that during financial year 2024-25, he has not created any new encumbrance (pledge, lien, or mortgage) on his shares in the company, directly or indirectly, other than what has already been disclosed. This is a routine compliance filing required annually from promoters.

Likely market impact

This is a neutral, routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the promoter has not pledged or encumbered any additional shares during the year.