Sankheshwar Holdings Ltd 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.
Sankheshwar Holdings Company Limited, part of the promoter and promoter group of Nahar Spinning Mills, has filed an annual declaration under SEBI Regulation 31(4) with the stock exchanges. The declaration confirms that Sankheshwar Holdings, along with all persons acting in concert (PAC), have not created any encumbrance (such as pledge, lien, or charge) on the shares of Nahar Spinning Mills held by them, directly or indirectly, during the financial year 2024-25. The filing has been made on behalf of the entire promoter group, which includes promoter entities like Nahar Capital & Financial Services, Nahar Poly Films, Oswal Woolen Mills, and individual promoters from the Oswal family. This is a routine annual compliance requirement under SEBI takeover regulations.
This is a routine but mildly positive disclosure — it confirms the promoter group has not pledged any of their shares during the year, which reduces near-term concerns around forced selling or margin call risks. For retail investors, this signals stability in promoter shareholding.