Deepak Kothari 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.
KOTHARIPRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Deepak Kothari has submitted a declaration to the exchanges confirming that neither he nor any persons acting in concert (PAC) have created any encumbrance (pledge) on their shares during the financial year ended 31st March, 2026. This is a routine compliance filing under SEBI regulations that require promoters to disclose pledge activities. The filing is a negative declaration - it confirms the absence of pledge creation rather than any new pledge activity. The company has provided this declaration to both BSE and NSE.
A clean declaration indicating promoters have not increased their pledged holdings is generally positive for shareholders as it reduces risk of forced selling due to margin calls. No immediate impact on stock price expected from this routine disclosure.