With the reference to the captioned subject. Please find enclosed herewith the yearly disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of shares & Takeovers) Regulations ....
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Awaiting price reaction for this filing.
Megri Soft Ltd has filed a yearly disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations. This is a routine annual filing required from promoters who have pledged or otherwise encumbered their shares with lenders. The disclosure confirms the status of promoter encumbrance on the company's shares as of the end of the financial year, stating that the encumbrance has not been invoked. The detailed pledged-share quantities and the names of the pledgees/lenders would be in the attached document.
This is a standard regulatory compliance filing with no immediate bearing on the stock price. Investors may want to check the attached annexure for the actual number of pledged shares to gauge any concentration risk in promoter holdings.