Disclosure under Regulation 31(4) of SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011
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Awaiting price reaction for this filing.
Promoter Seshagiri Rao Jasti, on behalf of the promoter and promoter group of Keerthi Industries, has submitted the annual disclosure for FY ended March 31, 2025 as required under SEBI Takeover Regulations. The key declaration is that no encumbrance (pledge or any similar charge) has been created on the shares held by promoters, promoter group, or persons acting in concert during the financial year. This is a routine annual compliance filing confirming the absence of any pledging or encumbrance activity by the promoter group.
This is a neutral, routine compliance filing with no material change in promoter shareholding or pledging status. It is unlikely to have any meaningful impact on the stock price, but reassures investors that promoters have not pledged their shares during the year.