Vineet Jain 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.
PASUPTAC · price
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Awaiting price reaction for this filing.
Vineet Jain, on behalf of the Promoter and Promoter Group of Pasupati Acrylon Limited, has filed a compliance disclosure with the stock exchanges. The promoters collectively hold 5,87,15,445 equity shares in the company. For the financial year ended 31st March 2025, the promoters declare that no encumbrance (pledge or charge) was created on any of the shares held by them, directly or indirectly. The disclosure lists 14 promoter and promoter group entities, including Vineet Jain, The Pradeshiya Industrial and Investment Corporation of UP Ltd, and various HUF, private limited companies, and group entities. This is a routine annual compliance filing required under SEBI takeover regulations.
This is a routine, neutral compliance filing. It reassures shareholders that promoters have not pledged any of their shareholding during the year, which is generally viewed as a positive sign of promoter confidence and financial stability. No material impact on stock price is expected from this disclosure.