Neera and Children Trust 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.
Neera and Children Trust, a shareholder in Allcargo Gati Limited, has filed a compliance disclosure under SEBI's Takeover Regulations for the financial year ended March 31, 2024. The trust has declared that it did not create any encumbrance (such as pledging or hypothecation) on its shares, directly or indirectly, during the year. This is a routine annual filing required from persons holding more than 25% stake or those who have made disclosures under the Takeover Regulations. No change in encumbered shares or pledge status is being reported.
Neutral for shareholders and stock price. The filing confirms that no new pledges or encumbrances were created on the trust's holdings, signalling stability in the promoter-group shareholding structure with no immediate risk of forced selling.