Laxmi Organic 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.
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Yellowstone Trust, part of the Promoter and Promoter Group of Laxmi Organic Industries, has submitted a Regulation 31(4) disclosure to BSE and NSE for the financial year ended March 31, 2025. The promoter group declared holding 19,22,62,806 (approximately 19.23 crore) equity shares in the company. Importantly, the promoters confirmed that they have not encumbered (pledged) any of these shares, directly or indirectly, during the financial year. This is a routine annual compliance filing required from promoters of listed companies.
This is a neutral, routine compliance filing with no negative implications — it reassures shareholders that the promoter group has not pledged any of their holdings during the year, which is a positive sign for share price stability.