Basudeo Agrawal 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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Basudeo Agrawal, on behalf of himself and Persons Acting in Concert (PACs), has submitted an annual disclosure under SEBI's Takeover Regulations for FY ending 31st March 2025. The promoter group includes Basudeo Agrawal, Vineet Agrawal, BD Agrawal & Sons HUF, Anuradha Agrawal, and Shobha Devi Agrawal. The filing confirms that no encumbrance (pledge, lien, or charge) was created on any shares, directly or indirectly, during the financial year. The annexure shows NIL shares encumbered across all promoter/PAC entities as on 31st March 2025.
This is a routine annual compliance filing and carries no negative implications. Shareholders can take comfort that the promoter group has not pledged any shares during the year, meaning no risk of forced selling or margin call concerns from the promoter side.