Nakoda Group of Industries 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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Awaiting price reaction for this filing.
Nakoda Group of Industries has submitted annual declarations from its promoters and promoter group members under SEBI's Takeover Regulations for FY ending 31st March 2025. Each promoter — Jayesh Pravin Choudhary, Pravin Navalchand Choudhary — and promoter group members — Ashok Hemraj Bardia, Kishore Hemraj Bardia, Vidhi Rajesh Jain, Manju Pravin Choudhary, and Pooja Choudhary — have confirmed that they did not create any new encumbrances (pledges, charges, etc.) on their shares during the year, other than those already disclosed earlier. This is a routine yearly compliance filing, not a new event.
This is a routine annual compliance submission and is largely neutral for shareholders. The fact that promoters declared no new pledges or encumbrances is mildly reassuring, as it suggests no fresh pressure on promoter holdings during the year.