Goodluck India Limited 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.
GOODLUCK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Goodluck India Limited's promoter group and persons acting in concert (PAC) have submitted a confirmation to the stock exchanges stating that they have NOT created any encumbrance (pledge or lien) over their shareholding during the financial year ended March 31, 2021. The disclosure covers 45 entities including individuals, HUFs, and companies such as M C Garg and Sons HUF, Mahesh Chand Garg, Manish Garg, Avrums India Private Limited, and others. This is a routine compliance filing required under SEBI regulations.
Positive signal for investors as it confirms promoters have not pledged their shares, meaning their holdings are unencumbered and not used as collateral for loans. This reduces risk of potential selling pressure from margin call triggers.