India Motor Parts and Accessories 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.
IMPAL · price
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Awaiting price reaction for this filing.
Subhrakant Panda, on behalf of all promoters, promoter group members and persons acting in concert of Indian Metals & Ferro Alloys Limited (IMFA), has filed an annual declaration with the stock exchanges as required under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The declaration confirms that the promoters did not create any encumbrance (such as pledging or hypothecation), directly or indirectly, on the equity shares of IMFA during the financial year ended 31st March 2025. The names of the promoter and promoter group entities covered include Subhrakant Panda (individually and as trustee of B Panda Trust and Shaishav Foundation), B P Developers Pvt Ltd, Paramita Panda, Baijayant Panda, and Nivedita Ganapathi. This is a routine year-end compliance filing.
This is a routine annual regulatory disclosure with no material impact on shareholders. It simply reassures the market that the promoters have not pledged or otherwise encumbered their IMFA shares during the past financial year, which is a neutral to mildly positive signal regarding promoter confidence and shareholding stability.