Hindusthan National Glass & Industries 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.
Awaiting price reaction for this filing.
Mukul Somany, on behalf of the Promoters and Promoter Group of Hindusthan National Glass & Industries Ltd, has filed the annual declaration under SEBI Regulation 31(4) for the year ended March 31, 2025. The promoter group collectively holds 6,33,38,840 equity shares. The key declaration is that no encumbrance (pledge, charge or lien) was created on these shares during the financial year. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP). The full list of 16 promoter and promoter group entities, including individual members, HUFs and corporate bodies like Brabourne Commerce and Spotlight Vanijya, was also submitted.
This is a routine annual compliance filing and does not signal any change in promoter shareholding or any new pledging activity. For shareholders, the key context remains that the company is under insolvency resolution, so this declaration has limited bearing on near-term stock price movement.