Kuantum Papers Limited 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.
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Kuantum Papers Limited has filed its annual declaration for the financial year ended March 31, 2026, confirming that the Promoters Group and Persons Acting in Concert (PAC) have not created any encumbrance (pledge or charge) on their shareholding in the company. The total number of promoter shares encumbered as of March 31, 2026 is NIL. The declaration was submitted by Pavan Khaitan on behalf of the promoter group, which includes entities and individuals such as Kapedome Enterprises Limited, Jagesh Kumar Khaitan, JKKhaitan HUF, Pavan Khaitan, Aparna Khaitan, and Usha Khaitan. This is a routine regulatory filing under SEBI takeover regulations.
A nil encumbrance declaration is a positive signal, indicating promoters have not pledged their shares to raise debt, which reduces risk for minority shareholders and signals financial stability of the controlling shareholders.