Anil Kumar Jain 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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Awaiting price reaction for this filing.
Anil Kumar Jain, on behalf of the promoters, promoter group, and persons acting in concert of Indo Count Industries, has submitted an annual declaration to NSE under SEBI's Takeover Regulations. The declaration confirms that during the financial year ended March 31, 2025, none of the promoters or their group entities created any encumbrance (such as pledging or hypothecation) on the equity shares of the company held by them. The filing covers 14 individuals and entities, including Anil Kumar Jain, family members, HUFs, and group companies like Indocount Securities, Yarntex Exports, and Margo Finance. This is a routine annual compliance requirement for promoters of listed companies.
This is a routine compliance disclosure with no material business impact. It is mildly reassuring for shareholders as it confirms promoters have not pledged their shares, signalling no immediate liquidity stress at the promoter level.