Jai Corp Limited has informed the Exchange regarding 'Disclosure under Regulation 31(4) of SEBI (SAST) Regulations'.
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Jai Corp Limited has submitted a disclosure under SEBI SAST Regulation 31(4) for the financial year ended March 31, 2026. Promoter Anand Jain, along with persons acting in concert (PAC), has confirmed that no encumbrances (pledges) on shares were created during the year. The disclosure is a standard regulatory requirement that requires promoters to declare their pledge status annually. This filing confirms that the promoter group has not mortgaged or pledged their shares beyond what was previously disclosed.
This is a positive disclosure for shareholders as it confirms promoters have not increased their pledge exposure. This removes concerns about potential promoter-level financial stress or forced selling pressure from pledged shares.