NGL Fine-Chem 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.
NGLFINE · price
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Awaiting price reaction for this filing.
All six promoters of NGL Fine-Chem Limited have submitted annual declarations under SEBI's Takeover Regulations confirming that no shares were newly encumbered (pledged) or released from encumbrance during the financial year ended March 31, 2025. The declarants include Rahul Nachane (10,83,450 shares, 17.54%), Rajesh Lawande (13,52,366 shares, 21.89%), Ajita Nachane (7,13,449 shares, 11.55%), Pushpa Lawande (0 shares, 0%), Sunita Potdar (8,26,510 shares, 13.38%), and PCI Ferrmone Chemicals (India) Pvt. Ltd. (5,17,871 shares, 8.38%). Together these promoters hold roughly 72.74% of the company's paid-up capital. The filing is a routine annual compliance submission required by SEBI to confirm promoters' share pledge status.
This is a routine regulatory compliance filing with no material impact on the stock. It reassures investors that promoters have neither pledged additional shares nor released existing pledges during the year, indicating no sudden liquidity stress, though no positive catalyst either.