�GP Global APAC Pte Ltd�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.
GULFPETRO · price
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On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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GP Global APAC Pte Ltd, the promoter of GP Petroleums Limited, has submitted a declaration under SEBI's Takeover Regulations for the financial year ended March 31, 2025. The promoter has confirmed that it has not created any encumbrance (pledge or similar charge) on the company's shares, either directly or indirectly, during the entire financial year. The disclosure was signed by Mr. Roderick J. Sutton on behalf of the promoter entity. The filing has been made to both BSE and NSE as a routine regulatory compliance submission.
This is a routine compliance filing with no material impact on the stock. The absence of any new share pledges by the promoter is a mildly positive signal, indicating the promoter has not used its shareholding as collateral for any borrowings during the year.