Madhu Chaudhry 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.
NIRAJISPAT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Madhu Chaudhry has submitted a Regulation 31(4) disclosure to NSE confirming that no new encumbrances or pledges were created over the company's shares during the financial year ended March 31, 2026. The disclosure explicitly states that as of March 31, 2026, the number of pledged or encumbered shares held by the promoter stands at Nil. This is a standard negative pledge filing, meaning the promoter has not hypothecated additional shares beyond any previously disclosed encumbrances.
Positive for shareholders as the promoter has confirmed zero pledging, reducing risk of forced share sale or dilution from promoter-level pressure.