Mysore Petro Chemicals 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.
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Mysore Petro Chemicals Limited, a promoter of IG Petrochemicals, has filed a declaration under SEBI's Takeover Regulations confirming that the Promoters and members of the Promoter Group have not created any encumbrance (pledge, charge, or lien) on their shares, directly or indirectly, during the financial year ended 31st March 2025. This is a routine annual compliance filing required under Regulation 31(4) when there is no change in encumbrance status. No specific numbers on shareholding or pledge value are mentioned in the filing.
This is a neutral, compliance-only disclosure indicating no new pledges or encumbrances were created on promoter-held shares in FY25, which removes near-term concern of forced selling or margin call risk for retail investors.