Akanksha Singhal 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.
KOTHARIPET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
All promoters of Kothari Petrochemicals Limited have submitted their annual declaration under SEBI Regulation 31(4) for FY 2024-2025, confirming that no encumbrance (pledge or charge) was created on their shares during the year. BHK Trading LLP (the largest promoter) holds 3,55,03,812 shares, Nina B. Kothari holds 62,57,500 shares, Arjun B. Kothari holds 9,593 shares, Kothari Sugars and Chemicals holds 1,000 shares, and Nayantara B. Kothari holds 100 shares — all with zero encumbrance. Anandita Kothari holds no shares, so the question of encumbrance does not arise. This is a routine annual compliance filing required by SEBI to keep the market informed about promoter share pledges.
This is a neutral-to-positive routine compliance disclosure. The absence of any pledges or encumbrances by promoters means there is no immediate risk of forced share sales or margin calls, which is reassuring for retail investors.