Disclosure Under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulation, 2011 for the Financial Year 2025-26
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Kenvi Jewels Limited has filed a regulatory declaration under Regulation 31(4) of the SEBI Takeover Regulations, 2011. Mr. Chirag Champaklal Valani, Managing Director and Promoter, has declared on behalf of all promoters and persons acting in concert that no new encumbrance (such as pledge or lien) has been created on the company's shares during financial year 2025-26, other than any already disclosed earlier. This is a routine annual compliance filing required from promoters every financial year.
This is a routine compliance disclosure with no material impact on shareholders. The absence of new pledges or encumbrances on promoter holdings is mildly reassuring, as pledging of shares is often viewed as a sign of financial stress.