Galax Minerals Private 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.
IBULLSLTD · price
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Awaiting price reaction for this filing.
Galax Minerals Private Limited, part of the promoter group, has filed a Regulation 31(4) declaration under SEBI Takeover Regulations confirming that no encumbrance (pledge or charge) was created on shares of Yaari Digital Integrated Services Limited during FY2024-25. As of March 31, 2025, the promoter group collectively holds 2,75,77,640 equity shares representing 22.46% of total paid-up and voting share capital. The entire 22.46% promoter stake is confirmed to be completely free of any encumbrance. This is a routine annual compliance filing that signals financial discipline and absence of leveraged shareholding by promoters.
Positive for retail investors — confirms the full 22.46% promoter stake is unpledged, ruling out any risk of forced share sales from margin calls or loan defaults in the near term.