Vaidehi Chaudhary 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
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Awaiting price reaction for this filing.
Vaidehi Chaudhary, a promoter of Niraj Ispat Industries Limited, has filed a declaration under Regulation 31(4) of SEBI's Takeover Regulations with the NSE. She confirmed that she has not created any new encumbrance (pledge or lien) on the company's shares during the financial year ended March 31, 2025, other than those already disclosed earlier. Importantly, the filing also states that as of March 31, 2025, the total number of encumbered or pledged shares held by the promoter group stands at Nil.
This is a neutral-to-mildly positive disclosure for shareholders, as it confirms that the promoter currently has no pledged shares, reducing concerns around any forced-selling risk or margin call pressure on the stock. No new pledging activity has been undertaken during the year.