RAGHAV 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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Raghav Jindal, on behalf of the Promoter and Promoter Group of Jindal Drilling And Industries Limited, has submitted a declaration under SEBI Regulation 31(4). The filing confirms that neither the Promoter and Promoter Group nor any Persons Acting in Concert (PAC) have created any encumbrance on shares of the company during the financial year 2025-26. This is a regulatory compliance filing submitted to both BSE and NSE. The declaration serves as a negative confirmation — specifically stating that no pledge or charge has been created on promoter shares during the reporting period.
A clean encumbrance declaration is generally positive for shareholders as it indicates promoters have not leveraged their shareholding, reducing risk of forced selling. This filing provides transparency on promoter share status for FY 2025-26.