Sunder Genomal 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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Awaiting price reaction for this filing.
Sunder Genomal, on behalf of promoters and persons acting in concert (PAC) of Page Industries, has filed the annual disclosure under SEBI Takeover Regulations for FY 2024-25. The disclosure confirms that no new encumbrances (such as pledges or charges) were created on the company's shares during the year. Existing encumbrances stand at NIL, meaning promoters have no pledged shares as on the date of filing. A total of 11 promoters/PACs are listed in the disclosure, including the Genomal family members.
This is a routine compliance filing with no material impact on the stock. It reassures investors that promoter shareholding remains unencumbered, which is a positive sign of financial stability at the promoter level.