Dharmil A. Bodani 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.
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Dharmil A. Bodani and Shyamal A. Bodani, representing the promoter and promoter group of Oriental Aromatics Limited, have submitted a declaration to the stock exchanges as required under SEBI's Takeover Regulations. They have confirmed that no encumbrance (such as a pledge or lien) has been created on the 2,49,60,000 shares they hold, which represents 74.17% of the company. This is a routine compliance filing confirming that the promoters' entire stake remains unencumbered.
This is a routine compliance declaration and does not indicate any change in the promoters' stake or financial position. Shareholders can take comfort that the promoters' entire 74.17% holding remains free of any pledge or encumbrance, reducing near-term risk of forced selling.