International Conveyors 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.
INTLCONV · price
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Awaiting price reaction for this filing.
International Conveyors Limited has submitted a regulatory disclosure under SEBI's Takeover Regulations, stating that the promoter group and persons acting in concert have not created any encumbrance (such as pledge or lien) on their shares in the company during the financial year ended March 31, 2025. The declaration was filed by IGE (India) Pvt. Ltd. on behalf of all promoters. This is a routine annual compliance filing required under Regulation 31(4) of the SEBI Takeover Code. It signals that the promoter shareholding in the company remains unencumbered.
No direct impact on the stock price. The filing is a routine regulatory disclosure and reassures shareholders that promoters have not pledged or encumbered their holdings, indicating financial stability within the promoter group.