Disclosure under Regulation 31(4) of Securities and Exchange Board of India ( Substantial Acquisition of Shares And Takeovers) Regulations, 2011
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Awaiting price reaction for this filing.
Mr. Satish Kumar Goyal, promoter of O. P. Chains Limited, has filed the yearly disclosure required under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011 for the financial year ended March 31, 2025. In the declaration, the promoter confirms on behalf of himself, the promoters, and the promoter group that together with persons acting in concert, they have not created any encumbrance (pledge or otherwise) on the shares directly or indirectly held by them during the year. This is a routine annual compliance filing submitted to BSE and shared with the Audit Committee.
This is a routine regulatory filing with no material impact on shareholders. The promoter group's confirmation of no new encumbrances is a neutral-to-slightly-positive signal, suggesting they have not pledged their holdings for additional borrowing during the year.