Mukul Somany�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.
Awaiting price reaction for this filing.
Mukul Somany, a promoter of Hindusthan National Glass & Industries Limited, has filed a declaration under SEBI Regulation 31(4) on behalf of the entire promoter and promoter group. As on 31st March 2025, the promoter group holds 6,33,38,840 equity shares in the company. He has confirmed that no encumbrance (pledge, lien, or charge) was created on the equity shares of the company, directly or indirectly, during the financial year ended 31st March 2025. This is a routine annual compliance filing required from promoters of listed companies.
This is a neutral, routine compliance disclosure. It signals that promoters have not pledged or encumbered their shares during the year, which is mildly reassuring for shareholders as it indicates no new funding pressure or risk of forced share disposal by promoters.