Dr. Chandra Kumar Jain 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.
GULPOLY · price
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Dr. Chandra Kumar Jain, on behalf of all promoters and the promoter group of Gulshan Polyols Limited, has filed a declaration under SEBI's Takeover Regulations confirming that no promoter or person acting in concert has created any encumbrance (pledge, lien, or charge) on the company's shares during the financial year ended March 31, 2025. The promoters have further declared that they have never created any encumbrance on the target company's shares in the past. The declaration lists all promoters and promoter group entities, including individual family members and family trusts, confirming full compliance for the year.
This is a routine annual compliance filing that signals clean promoter shareholding with zero pledged or encumbered shares. It is a neutral-to-positive disclosure for shareholders, indicating that no promoter shares are locked as collateral, reducing risk of forced selling or margin calls.