Farukbhai Gulambhai Patel 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.
KPIGREEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Farukbhai Gulambhai Patel, the Promoter and Chairman & Managing Director of KPI Green Energy Limited, has filed an annual disclosure with the stock exchanges under Regulation 31(4) of SEBI's Takeover Regulations. On behalf of the promoter, promoter group, and persons acting in concert, he has declared that no new encumbrances (such as share pledges or liens) were created on the company's shares during the financial year ended March 31, 2025, beyond what was already disclosed. The annexure lists 6 members of the promoter and promoter group, including the CMD, his family members and relatives. The filing is a routine annual compliance requirement for promoters holding substantial stakes in listed companies.
This is a neutral-to-mildly positive signal for shareholders, as it indicates the promoter has not created any additional pledges on his shares during the year, suggesting no incremental financial stress at the promoter level.