Rasoi Ltd 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.
HINDCOMPOS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rasoi Ltd, on behalf of itself and all other promoters and Persons Acting in Concert (PAC) of Hindustan Composites Limited, has submitted a negative declaration to NSE and BSE. The disclosure confirms that none of the promoters or PACs created any encumbrance (pledge) over their shares, directly or indirectly, during the financial year ended 31st March, 2026. The filing lists 15 promoter entities including Rasoi Limited, Leaders Healthcare Private Limited, J L Morison India Limited, and several other group entities, along with individual promoters Varunn Mody, Shashi Mody, and Sakshi Mody. This is a compliance filing under SEBI's takeover regulations to disclose share pledging activity by the promoter group.
This is a positive disclosure for retail shareholders as it confirms that promoters have not pledged their shares over the past year, indicating no stress on promoter holdings and no immediate risk of forced selling. The stock is unlikely to face selling pressure from pledged share invocation.