GULFPETRONSEGP Petroleums LimitedLowNeutral
Announced Mon, 19 May · 14:51 IST

Manan Goel 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.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Manan Goel, a member of the promoter group of GP Petroleums Limited, has submitted a disclosure under Regulation 31(4) of the SEBI Takeover Regulations to the stock exchanges. He declared that he holds NIL (zero) shares in the company as of March 31, 2025. Consequently, he has not created any encumbrance (pledge or charge) on any shares, directly or indirectly, during the financial year ended March 31, 2025. This is a routine annual compliance filing required from promoter group members regarding share encumbrances.

Likely market impact

This is a routine regulatory disclosure with no material impact on the stock or shareholders. It simply confirms that this particular promoter group member holds no shares and has not pledged any shares during the year.