IGPLNSEIG Petrochemicals Limited· PetrochemicalsMinimalNeutral
Announced Thu, 9 Apr · 14:18 IST

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.

IGPL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+12.0%1-day move
₹380.00
prior close
₹382.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.4+1.2+3.5+12.0+10.0+10.5+10.5+12.9+11.6+21.6+24.2+14.6+12.3
Up moveDown movePending
AI summary

Mysore Petro Chemicals Limited, a promoter of IG Petrochemicals, has submitted a declaration to the exchange confirming that neither the promoters nor the promoter group have created any encumbrance (pledge or charge) on their shares during the financial year ended 31st March, 2026. This is a mandatory regulatory disclosure under SEBI regulations requiring promoters to report their share pledging activity. The filing serves as a negative declaration, meaning no share encumbrance was made by the promoter group throughout FY 2025-26.

Likely market impact

Positive signal for shareholders as zero promoter share pledging indicates promoter confidence in the company and reduces risk of potential selling pressure from pledged shares being invoked.