Announced Thu, 26 Jun · 12:12 IST

Lone Furrow Investments Private 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.

Ownership Changes View source PDF

MEDPLUS · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Lone Furrow Investments Private Limited, a promoter of MedPlus Health Services, has submitted a declaration to the stock exchanges under Regulation 31(4) of the SEBI Takeover Regulations. In this filing, the promoter entity confirms that it has not created any new encumbrance (pledge, lien, or similar charge) on its MedPlus shares, either directly or indirectly, beyond what was already disclosed during FY 2024-25. The declaration is signed by Director Gangadi Madhukar Reddy and dated 4th April 2025. This is a routine annual/maintenance filing required from promoters to affirm the status of encumbrances on their holdings.

Likely market impact

This is a neutral, routine compliance filing with no material change in the promoter's shareholding or encumbrance status. Investors should see no immediate impact on the stock price; existing encumbrance levels remain as previously disclosed.