Lagnam Spintex 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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D.P. Mangal, Promoter & Executive Chairman of Lagnam Spintex Limited, has filed an annual declaration under SEBI Takeover Regulations confirming that no additional encumbrances (such as pledges, liens, or charges) have been created on the company's shares by the promoter group or persons acting in concert during the financial year ended March 31, 2025. The promoter group is affirming that the only encumbrances on shares are those already disclosed earlier to the stock exchange. This is a routine year-end compliance filing required under Regulation 31(4) of the SEBI (SAST) Regulations, 2011.
This is a routine nil declaration and carries no material impact on the stock or shareholders. It simply confirms that the promoter group's pledged or encumbered share position has not changed during the financial year.