Orbit Exports Limited 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.
ORBTEXP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Pankaj Seth, on behalf of himself and other members of the Promoter and Promoter Group, has submitted the mandatory yearly disclosure under SEBI's Takeover Regulations for the financial year ended March 31, 2025. In this disclosure, the promoter group has confirmed that they have not created any encumbrance (pledge, lien, or charge) on the shares of Orbit Exports Limited, directly or indirectly, during FY 2024-25. This is a routine annual compliance filing required from every promoter group under Regulation 31(4). The Company Secretary has forwarded the same to NSE and BSE for their records.
This is a neutral, routine compliance filing. It signals that the promoter group has neither pledged nor created any fresh encumbrance on their shareholding, which is mildly positive as it indicates no pressure on the promoter to use shares as collateral.