Concatenate Power Advest Private 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.
JINDALPHOT · price
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Awaiting price reaction for this filing.
Concatenate Power Advest Private Limited, part of the promoter group of Jindal Photo Limited, has filed a disclosure under SEBI's Takeover Regulations for the financial year ended March 31, 2025. The filing confirms that the promoters and persons acting in concert with them have not directly or indirectly encumbered (pledged) any shares of the company as on that date. The list of promoters and PACs includes Futuristic Trust, Concatenate Power Advest, Concatenate Advest Advisory, Jindal (India) Limited, and Shyam Sunder Jindal.
This is a routine annual compliance filing indicating that the promoter group has not created any pledges or encumbrances on their shareholdings, which is a neutral-to-positive signal suggesting no immediate financial stress on the promoters.