KLR Products 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.
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KLR Products Limited, a promoter of NACL Industries, has filed an annual declaration with the stock exchanges under SEBI's Takeover Regulations for FY ended March 31, 2025. The declaration confirms that KLR Products and persons acting in concert (PAC) have not created any new encumbrance (such as pledge or lien) on their shares of NACL Industries during the financial year. The only exception is encumbrances that were already disclosed earlier in the year. The letter was signed by Sreelatha Alluri, Director of KLR Products, on April 7, 2025.
This is a routine annual compliance filing by a promoter. No new pledging or unpledging of shares is being reported, so there is no immediate impact on shareholder wealth or stock price. Investors should note that any prior encumbrances on promoter shares continue to exist as previously disclosed.