Kapil Garg 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.
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Awaiting price reaction for this filing.
Kapil Garg, on behalf of all promoters of Mufin Green Finance Limited, has submitted a yearly declaration to BSE, NSE, and the company's Audit Committee. Under SEBI's Regulation 31(4) of the Substantial Acquisition of Shares and Takeovers Regulations, 2011, he confirmed that the promoters and persons acting in concert with them have not created any encumbrance (such as pledge, lien, or charge) on the shares they hold in the company during the financial year ended March 31, 2025. This is a routine annual compliance filing required from promoters. The declaration was submitted on April 1, 2025, from Delhi.
This is a neutral, routine compliance filing with no material impact on the stock. It reassures shareholders that promoters have not pledged their holdings, which is mildly positive as it means no risk of forced share sales due to margin calls.