STEL Holdings Ltd 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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STEL Holdings Ltd has filed a declaration under Regulation 31(4) of the SEBI Takeover Regulations for the financial year ended March 31, 2025. The company holds 29,03,830 shares in PCBL Chemical Ltd, representing just 0.77% of PCBL's total voting capital. STEL Holdings has confirmed that it did not create any encumbrance (pledge, lien, or charge) on these shares, directly or indirectly, during the financial year. The declaration was submitted to NSE and BSE on April 3, 2025.
This is a routine regulatory compliance filing with no material impact on PCBL Chemical's stock price. The 0.77% stake held by STEL Holdings is too small to influence shareholding patterns or corporate control. Retail investors need not take any action.