Vinod Kumar 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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Awaiting price reaction for this filing.
Vinod Kumar Saraogi, a member of the Promoter Group of Go Fashion (India) Limited, has filed a mandatory annual disclosure under SEBI's Takeover Regulations. He has declared that during financial year 2024-25, he did not create any encumbrance (pledge or charge) on the shares held by him, either directly or indirectly. This is a routine compliance filing required from promoters at the end of each financial year. The disclosure does not involve any change in shareholding or any new transaction.
This is a neutral, routine compliance filing with no material impact on the stock. It is mildly reassuring for shareholders as it confirms the promoter has not pledged any of his shares during the year.