Hubtown 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.
HUBTOWN · price
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Hubtown Limited has submitted a Regulation 31(4) declaration under SEBI's Takeover Regulations for the financial year ended March 31, 2025. Promoters Hemant M. Shah and Vyomesh M. Shah, on behalf of themselves, persons acting in concert, and the promoter group (covering 13 entities including HUFs, individuals, and promoter group companies), have confirmed that no new encumbrance (such as pledge or lien) was created on the company's shares during the year. The declaration is a routine annual compliance requirement and lists all promoter group members covered. Both promoters have digitally signed the declaration dated April 7, 2025, with copies filed to BSE and NSE.
This is a routine compliance filing with no negative implications — it reassures shareholders that promoters have not added new pledges or encumbrances on their holdings during the year. No material impact on stock price is expected.