As per captioned subject, please find enclosed the yearly disclosure under regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 from Promoters of ....
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Indo Cotspin Limited has filed the annual declaration required under Regulation 31(4) of the SEBI Takeover Regulations for the financial year ended March 31, 2025. The filing was made by Raj Pal Aggarwal on behalf of all 13 promoters and promoter group entities, including Balkishan Aggarwal, Rajpal Aggarwal, Ritu Garg, Sanil Aggarwal, Arpan Aggarwal, Sahil Aggarwal, two HUFs, Vasudha Aggarwal, Sulbha Aggarwal, Anita Aggarwal, Sanjay Kumar Singla, and Indo Nonwoven Private Limited. The promoters have confirmed that they did not create any encumbrance (pledge, lien, or charge), directly or indirectly, on the shares they hold in the company during FY25. This is a routine annual compliance submission to BSE with no change in the pledged status of promoter holdings.
This is a routine yearly compliance filing and carries no material impact on shareholders. It reassures investors that promoters have not pledged their shares during the year, indicating stable promoter holding without any new encumbrance-related risk.