Dusclosure made By Promoters And Promoters Group of the Company under Regulation 31(4) of SEBI (Substantial Acquistion of Shares and Takeovers) nRegulations, 2011 for the Financial Year ....
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Promoter Bibhu Datta Panda, on behalf of all promoters and persons acting in concert (PAC), has filed the mandatory yearly disclosure under SEBI's Takeover Regulations. The key declaration confirms that the promoter group has NOT created any encumbrance — whether direct or indirect — on their shareholding in the company during the entire Financial Year 2025-26 (April 2025 to March 2026). This is a standard regulatory filing to disclose pledge status of promoter shares held in the company. The disclosure covers the period from April 1, 2025 to March 31, 2026 and was signed digitally on April 9, 2026.
Since the disclosure states no new encumbrances were created on promoter shares, there is no immediate concern for minority shareholders regarding pledged shares. This is a neutral filing indicating clean promoter shareholding with no pledge-related risk.