Indo Farm Equipment 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.
INDOFARM · price
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Ranbir Singh Khadwalia, Promoter of Indo Farm Equipment Limited, has submitted a declaration to BSE and NSE confirming that neither the promoter group nor any persons acting in concert have created any encumbrance (pledge/charge) on their equity shares during the financial year ended 31st March, 2026. This is a mandatory compliance filing under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations. The disclosure is a negative declaration, meaning no shares were pledged as collateral during the reporting period. The company is listed on both BSE (Scrip Code: 544328) and NSE (Symbol: INDOFARM).
This is a neutral-to-positive disclosure for shareholders. The absence of share pledging by promoters reduces the risk of potential forced sale of promoter shares in the market, which could otherwise pressure the stock price. It indicates financial stability among the promoter group.