Declaration U/R 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the year ended 31st March, 2026
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KIC Metaliks Ltd has filed a routine compliance disclosure under SEBI regulations. The company's promoters — Karni Syntex Private Limited and Radhey Shyam Jalan — have each confirmed in writing that they did NOT create any new share pledges or encumbrances on their holdings in KIC Metaliks during the financial year ending 31 March 2026. This is a negative declaration, meaning no fresh collateral was placed on promoter shares during the period. The filing is dated 6 April 2026 and submitted to the Bombay Stock Exchange.
No immediate shareholder concern — the declaration shows promoters did not add new pledges, which is a neutral-to-positive signal for investors regarding promoter-backed risk on the stock.