HEG Limited 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.
HEG · price
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Awaiting price reaction for this filing.
Ravi Jhunjhunwala, on behalf of the promoter and promoter group of HEG Limited, has filed a disclosure with the stock exchanges as of 31st March 2025. The disclosure is made under Regulation 30(1), 30(2), and 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Under Regulation 31(4), the promoter has declared that no encumbrance (pledge or otherwise) was created, directly or indirectly, on the shares held by the promoter or promoter group. This is a routine annual compliance filing required of all promoter groups.
This is a neutral to mildly positive disclosure for shareholders, confirming that the promoters have not pledged their holdings, which removes a potential risk factor for the stock. No material change in ownership or encumbrance is indicated.