Saurabh Goyal, Smita Goyal, Aryan Goyal, Payal Goyal 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.
NURECA · price
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Promoter group members Saurabh Goyal, Smita Goyal, Aryan Goyal, and Payal Goyal (along with persons acting in concert) have submitted a declaration to NSE and BSE confirming that they have not created any encumbrance, directly or indirectly, on the equity shares of Nureca Limited during the financial year ended March 31, 2026. The declaration is made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates promoter group disclosure of share encumbrances. Saurabh Goyal also signed in his capacity as Director of Nectar Biopharma Private Limited (Promoter Group). This is a negative declaration — meaning no pledge or security interest was placed on shares during the reporting period.
A clean encumbrance declaration is broadly positive as it signals that promoters have not leveraged their shareholding through pledged shares, which reduces risk of forced selling or dilution pressure from margin calls. No immediate share price impact expected.