INSECTICIDNSEInsecticides (India) Limited· Pesticides And AgrochemicalsLowNeutral
Announced Thu, 19 Jun · 13:06 IST

Rajesh Kumar Aggarwal 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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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rajesh Kumar Aggarwal, on behalf of all members of the promoter and promoter group of Insecticides (India) Limited, has filed a disclosure under SEBI's Takeover Regulations confirming that no encumbrance, pledge, or charge was created on any equity shares held by the promoter group during the financial year ended March 31, 2025. He further confirms that as on March 31, 2025, none of the promoter group's shares in the company are pledged or encumbered. The promoter group includes individuals (Hari Chand Aggarwal, Rajesh Kumar Aggarwal, Nikunj Aggarwal, Pushpa Aggarwal, Sanskar Aggarwal, Kritika Gupta), two HUFs, and ISEC Organics Limited. This is a routine annual compliance filing required under Regulation 31(4).

Likely market impact

This is a neutral, routine compliance filing. It reassures shareholders that the promoter group has not pledged any shares, which removes one potential risk factor (forced sale from margin calls) but does not signal any positive change in the business or stock outlook.