Jullundur Motor Agency (Delhi) 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.
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Jullundur Motor Agency (Delhi) Limited has filed an annual disclosure under SEBI Regulation 31(4) for the financial year ended March 31, 2026. The filing confirms that the Promoter and Promoter Group (including persons acting in concert) have NOT created any encumbrance on the company's shares during the year. The promoter group consists of 9 entities including Deepak Arora, Shuchi Arora, Santosh Sondhi (deceased), and various Arora and Sondhi family members. This is a routine negative declaration filing where promoters confirm they have not pledged their shares.
This is a positive disclosure for investors as it confirms promoters have not used their shares as collateral for loans, reducing risk of forced selling. The absence of encumbrances indicates promoter confidence and financial stability in their holdings.