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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Vineet Jain, Promoter & Managing Director, has submitted a disclosure on behalf of the Promoters and Promoter Group of Pasupati Acrylon Limited. The filing confirms that the promoter group collectively holds 5,87,15,445 equity shares, representing 65.87% of the company's total share capital. Importantly, the disclosure states that during the financial year ended 31st March 2026, the promoters have not created any encumbrance (pledge) on their shares, either directly or indirectly. This is a routine annual compliance filing under SEBI regulations.
The disclosure is neutral to positive for shareholders. Promoters retaining a strong 65.87% stake with no pledged shares signals financial stability and reduces risk of forced selling. The absence of encumbrance means no immediate dilution threat from promoter-level obligations.