Monte Carlo Fashions 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.
MONTECARLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nagdevi Trading and Investment Company Limited, acting on behalf of the promoter and promoter group of Monte Carlo Fashions, has submitted an annual declaration under SEBI Regulation 31(4) for FY 2024-2025. The declaration confirms that the promoters and persons acting in concert (PAC) have not created any encumbrance — such as pledge, lien, or charge — on their shares in Monte Carlo Fashions, either directly or indirectly, during the entire financial year. The filing covers a large promoter group including Nahar Capital & Financial Services, Oswal Woollen Mills, Vanaik Investors, and several Oswal family members.
This is a neutral-to-positive signal for shareholders. It confirms that promoters have not pledged or encumbered their holdings during the year, suggesting financial stability and no immediate risk of forced selling or margin pressure on promoter holdings.