Bikramjit Nag 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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Bikramjit Nag, on behalf of all promoters of IFB Industries Limited, has submitted a disclosure to NSE/BSE confirming that the promoters and persons acting in concert (PACs) have not created any encumbrance — direct or indirect — over their shareholding during the financial year ending 31st March 2026. This is a routine compliance filing under SEBI's takeover regulations, requiring promoters to periodically declare the status of share pledging or encumbrances on their holdings. No change in encumbrance status was reported.
Positive signal of promoter confidence — no dilution of promoter stake through pledged shares. Shareholders can take comfort that promoter holdings remain unencumbered, reducing risk of sudden share supply pressure.