Multi-Act Trade and Investments Pvt. Ltd 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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Multi-Act Trade and Investments Pvt. Ltd., a promoter of Indian Card Clothing Company, has filed a declaration under SEBI's Takeover Regulations confirming that as of March 31, 2025, it holds just 100 equity shares (0.002%) of the company. The promoter group has stated that neither it nor any person acting in concert has created any new encumbrance (pledge or lien) on the company's shares beyond what was already disclosed during FY 2024-25. This is a routine annual compliance filing required from promoter entities.
This is a procedural compliance disclosure and not a material corporate event. It signals that promoter holdings remain unencumbered beyond previously disclosed pledges, with no impact expected on the stock price or shareholder interests.