Modi Industries 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.
MODIRUBBER · price
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Modi Industries Limited has submitted a disclosure to NSE confirming it holds 8,00,000 equity shares of Modi Rubber Limited as of 31st March, 2026. The company has declared that it has not made any encumbrance (pledge) of these shares, either directly or indirectly, during the financial year ended 31st March, 2026. This filing is a periodic declaration required under SEBI regulations to disclose shareholding and encumbrance details by a significant shareholder.
The disclosure shows no change in pledge status, indicating the promoter's stake in Modi Rubber is unencumbered. This is a neutral to slightly positive signal for minority shareholders as it suggests no immediate risk of forced share sale due to pledged shares.