R.V.Shekar 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.
LANCORHOL · price
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Awaiting price reaction for this filing.
The promoters of Lancor Holdings Limited have filed a compliance disclosure with the stock exchanges under Regulation 31(4) and 31(5) of the SEBI Takeover Regulations, 2011. The declaration, signed by R.V. Shekar on behalf of all four promoters (R.V. Shekar, Shyamala Shekar, Shwetha Shekar, and Sangeetha Shekar), confirms that no new encumbrances — such as pledges, liens, or charges — were created on their shares in the company during FY 2024-25, other than any already disclosed earlier. This is a routine annual filing mandated by SEBI for promoters of listed companies. The disclosure was submitted to both BSE and NSE on March 31, 2025.
This is a routine compliance filing with no material impact on the stock. It provides mild reassurance to shareholders that promoters have not pledged or encumbered any additional shares during the year, which is generally viewed positively as it reduces concerns over forced selling pressure.