DHARAM PAL JINDAL 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.
JINDRILL · price
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Awaiting price reaction for this filing.
Dharam Pal Jindal, on behalf of the Promoter and Promoter Group of Jindal Drilling and Industries Limited, has filed a declaration with the stock exchanges under SEBI's Takeover Regulations. The declaration confirms that the Promoters, Promoter Group, and Persons Acting in Concert have not created any encumbrance (pledge, lien, or mortgage) on the company's shares, directly or indirectly, during the financial year 2024-25. This is a routine annual compliance filing required under Regulation 31(4) of the SAST Regulations, 2011. No change in promoter shareholding or any pledging activity is being reported.
Positive signal for shareholders — promoters have not pledged any of their shares during the year, indicating no immediate liquidity stress at the promoter level and that the promoter holding remains unencumbered.