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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modi Industries Limited has disclosed that it holds 8,00,000 equity shares of Modi Rubber Limited as on 31st March 2026. This filing is a routine regulatory compliance under SEBI regulations for substantial shareholding disclosures. The key detail is that the company has confirmed it has NOT created any encumbrance (pledge) on these shares during the financial year ended 31st March 2026. The disclosure is made by Modi Industries Limited, which appears to be a promoter entity holding shares in Modi Rubber Limited.
For shareholders of Modi Rubber Limited, this is a positive disclosure as it confirms that a significant promoter holding (8,00,000 shares) remains unencumbered, indicating the promoter has not pledged these shares to raise debt. This reduces risk of potential forced selling that could pressure the stock price.