Loyal Textile Mills 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.
LOYALTEX · price
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Two promoters of Loyal Textile Mills Limited (Mrs. Valli M Ramaswami and Mrs. Vishala M Ramswami) have submitted declarations under SEBI SAST Regulation 31(4). Both promoters, along with Persons Acting in Concert (PAC), have declared that they have NOT created any encumbrance (pledge) on their shares in the company during the financial year 2025-2026. This is a nil disclosure confirming no promoter share pledging activity took place during the year.
The absence of any share encumbrance by promoters is a positive signal for existing shareholders, as it reduces the risk of forced selling of promoter shares that could dilute or pressure the stock price. No immediate impact on stock movement expected from this filing.