Gujarat Narmada Valley Fertilizers & Chemicals Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
GUJALKALI · price
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Awaiting price reaction for this filing.
Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), one of the promoters of Gujarat Alkalies and Chemicals Limited, has submitted a compliance disclosure to the stock exchanges under SEBI's Takeover Regulations. GNFC confirmed that it has not created any encumbrance (such as pledge, lien, or mortgage) on the equity shares it holds in Gujarat Alkalies, either directly or indirectly, during the financial year 2024-25. The disclosure was filed on 1st April 2025 as part of the annual compliance requirement under Regulations 31(4) and 31(5) of the SEBI Takeover Code.
This is a routine annual compliance filing and is neutral for shareholders. It reassures investors that the promoter has not pledged or encumbered its holdings, meaning no forced selling risk from the promoter side during the year.