Mahalaxmi Fabric 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.
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Awaiting price reaction for this filing.
The Chairman and Promoter, Jeetmal Bhoorchand Parekh, has filed a declaration on behalf of all 16 Promoter and Promoter Group entities of Mahalaxmi Fabric Mills confirming that no new encumbrances (such as pledges or charges) have been created on their shares beyond what was already disclosed as of 31 March 2025. This is a routine compliance filing required under SEBI's takeover regulations, not an action that changes ownership or pledged holdings. The filing is signed and dated 5 April 2025 from Ahmedabad.
This is a neutral, routine compliance disclosure and is unlikely to have any direct impact on the stock price or shareholder value. It simply confirms that the promoter group has not added new encumbrances on their holdings during the period.