Rajkumar Mohanlal Modi 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.
MODISONLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rajkumar Mohanlal Modi, on behalf of the promoter and promoter group of Modison Limited, has submitted a yearly disclosure under SEBI's Takeover Regulations. The disclosure confirms that no member of the promoter or promoter group created any encumbrance (such as a pledge, lien, or charge) on their shares, directly or indirectly, during the financial year 2024-25. The filing lists all 10 promoter and promoter group members, including individuals, an HUF, and Modison Copper Private Limited. This is a routine annual compliance filing required under Regulation 31(4).
Reassuring for shareholders — the promoter group has not pledged or otherwise encumbered any of their shares during the year, indicating no immediate funding stress or risk of forced stake sale. Neutral to mildly positive for the stock.