HSB Trustee Company Private Limited (On behalf of Hari Shanker Bhartia Family Trust) and HS Trustee Company Private Limited (On behalf of Hari Shanker Bhartia Family Trust) 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.
JUBLINGREA · price
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Awaiting price reaction for this filing.
The Hari Shanker Bhartia Family Trust, on behalf of the promoters of Jubilant Ingrevia Limited, has filed an annual declaration with the stock exchanges and the company's Audit Committee as required under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration confirms that the promoters and persons acting in concert have not created any encumbrance (such as pledge, lien, or charge) on the shares of the company during the financial year ended March 31, 2025. This is a routine annual compliance filing, not triggered by any specific event.
This is a positive routine disclosure — it confirms that the promoter group's shares in Jubilant Ingrevia remain fully unencumbered for FY25, reducing concerns about forced selling or pledge-related risks for retail shareholders. No material impact on stock price is expected.