Orient Technologies 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.
ORIENTTECH · price
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Orient Technologies Limited has submitted a disclosure under SEBI's Takeover Regulations confirming that the promoter group and persons acting in concert (PAC) did not create any encumbrance, directly or indirectly, on their shares during the financial year ended March 31, 2025. The disclosure, signed by Chairman and Managing Director Ajay Baliram Sawant, further confirms that as of March 31, 2025, zero shares held by the promoter group are encumbered or pledged. This is a routine annual compliance filing required from promoters of listed companies.
This is a neutral, routine compliance disclosure with no material impact on the stock. It signals that promoters are not pledging their holdings, which is generally viewed as a positive sign of promoter confidence and financial stability.