Gaurang Shah 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.
HECPROJECT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoters and Promoter Group of HEC Infra Projects Limited have submitted a declaration confirming that no encumbrance (direct or indirect) was created on their equity shares during the financial year ended March 31, 2026. The filing covers five entities including Gaurang Parmanand Shah, Rupal Gaurang Shah, Paras Engen India Private Limited, Rahul Gaurang Shah, and Vikram Parmanand Shah. This is a routine annual compliance filing under SEBI takeover regulations requiring disclosure of share pledging by promoters.
No encumbrance declaration is generally positive for shareholders as it indicates promoters have not pledged their shares, reducing risk of potential selling pressure from forced margin calls.