Please find the enclosed yearly Disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of shares and Takeover) Regulation, 2011 as amended received from Promoters and promoters ....
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Awaiting price reaction for this filing.
Grovy India Ltd has submitted a yearly disclosure under SEBI's Takeover Regulations for FY ended 31 March 2025, signed by promoter Prakash Chand Jalan. The promoter and promoter group (13 members listed in the annexure) have declared that they did not create any encumbrances — such as pledges, liens, or charges — on the company's shares, directly or indirectly, at any point during the financial year. This is a routine annual compliance filing required by SEBI, and in this case the declaration confirms a clean share without any encumbrance activity by the promoters.
Positive/reassurance signal for shareholders — promoters have not pledged any of their shares during FY25, meaning no margin call risk or forced sale pressure from the promoter group this year.