Announced Mon, 7 Apr · 16:59 IST

Pursuant to the provisions of Regulation 31(4) of SEBI (SAST) Reg., 2011, it is hereby confirmed that we promoter(s), Promoters group and persons acting in concert, have not made any encumbrance ....

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AI summary

NACDAC Infrastructure's promoters, promoter group, and persons acting in concert have confirmed that they did not create any new encumbrance (pledge or otherwise) on the company's shares during the financial year ended March 31, 2025. The disclosure is a routine annual compliance filing required under SEBI's takeover regulations. The letter is signed by Promoter and Managing Director Hemant Sharma. No new numbers or financial details are mentioned beyond the confirmation itself.

Likely market impact

This is a neutral, compliance-driven disclosure with no material impact on shareholders or the stock price. It simply reaffirms that no new pledging or encumbrance activity took place, which removes one potential source of overhang or risk for investors.