Annual Disclosures under Regulation 31(4) SEBI (Substantial Acquisition of Shares & Takeover) Regulation, 2011. The Members of the Promoter and Promoter Group including Persons acting ....
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GSB Finance Ltd has submitted its annual disclosure under SEBI's Takeover Regulations for the financial year ended March 31, 2025. The promoter and promoter group, including persons acting in concert, have declared that they have not created any new encumbrance (such as pledges) on their shares, directly or indirectly, beyond what has already been disclosed earlier. The disclosure was signed by Director Suyash Ramakant Biyani and Promoter Ramakant Sagarmal Biyani on April 7, 2025. No specific details on existing encumbrance levels, pledge percentages, or shareholding changes were provided in this filing. This is a routine yearly compliance submission as required by SEBI rules.
This is a routine compliance filing with no change in promoter encumbrance status. Shareholders should see no impact on stock price or promoter holding from this announcement — it's essentially a confirmation that nothing new has been pledged or encumbered.