Yogesh Andlay 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.
NUCLEUS · price
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Yogesh Andlay, Promoter of Nucleus Software Exports Limited, has submitted the mandatory annual declaration under SEBI Regulation 31(4). The promoter confirms that neither they nor persons acting in concert (PAC) have created any encumbrance or pledge on their shareholding during the financial year ended March 31, 2026. This is a routine regulatory compliance filing required from all promoters of listed companies. The declaration was filed on April 1, 2026.
This is a neutral to positive disclosure. The confirmation that promoters have not pledged their shares removes concern about potential selling pressure from margin calls. It indicates promoter confidence in the company with no debt burden on their shareholding.