Latteys Industries 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.
LATTEYS · price
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Awaiting price reaction for this filing.
Latteys Industries has submitted a Regulation 31(4) declaration to NSE on behalf of its Promoter and Promoter Group. The filing, signed by Kapoor Chand Garg, states that no new encumbrances (such as pledges or liens) were created on the company's shares during the financial year ending 31 March 2025, other than those already disclosed to the exchange earlier. The declaration covers all promoter group entities, including Pawan Garg, Saroj Garg, Anu Garg, Ayush Garg, Janhvi Garg, Jawala Prasad Garg, two HUF accounts, Mangal Sain, and Subhash Chand. This is a routine annual compliance filing required from promoters under SEBI's takeover rules.
This is a routine regulatory disclosure and is largely neutral for shareholders. It indicates promoters did not create any fresh pledges on their holdings during the year, though previously disclosed encumbrances remain in place. No immediate effect on share price is expected.