Asit A. Patel For and on behalf of Promoters and PAC of the Company 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.
GUJAPOLLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Asit A. Patel, on behalf of the promoters, promoter group, and persons acting in concert (PAC) of Gujarat Apollo Industries Limited, has submitted the annual disclosure under SEBI Takeover Regulations for FY ending March 31, 2025. The promoter group collectively holds 51.99% of the company, equivalent to 61,34,335 equity shares. The disclosure confirms that no new encumbrance (pledge, lien, or charge) has been created on the shares held by them, directly or indirectly, during the financial year. This is a routine annual compliance filing required by SEBI.
This is a neutral, routine compliance disclosure with no material impact on the stock. It reassures investors that the promoter group (holding just above the 50% majority threshold) has not pledged or encumbered their shares during the year, which is a mildly positive sign on shareholding stability.