Disclosure under Reg 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The managing director and promoter, Kamalakkannan Govindaraj, along with Persons Acting in Concert (PACs), has filed a confirmation with BSE stating that no encumbrance (pledge) was created on the company's shares during the financial year ended March 31, 2026. This is a mandatory negative declaration under SEBI SAST regulations. The filing serves as a safeguard for shareholders by confirming that promoters have not leveraged their shareholding through pledging during the reporting period.
Positive signal for investors — promoter has not burdened shares with debt obligations, reducing risk of forced selling or dilution pressure from margin calls.