Central India Industries 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.
ORIENTPPR · price
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Awaiting price reaction for this filing.
Central India Industries Limited, a promoter of Orient Paper & Industries, has filed its annual declaration under SEBI's Takeover Regulations for FY ending March 31, 2025. The declaration confirms that the promoters and promoter group entities (including Chandrakant Birla, Smt. Nirmala Birla, and several group companies) have not created any encumbrance — meaning no pledge, lien, or charge — on the company's shares during the financial year. This is a routine yearly compliance filing required from promoters to certify that their holdings remain free of encumbrances.
Positive for shareholders — it confirms that promoter-owned shares are fully unencumbered, indicating no financial stress on the promoter group and no risk of forced share sales due to pledge-related triggers.