Mayank Singhal 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.
PIIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mayank Singhal, a Promoter of PI Industries Limited, has submitted a nil encumbrance disclosure to the stock exchanges. The filing confirms that the Promoters and Promoter Group of the company have not created any encumbrance (pledge) on their equity shares during the financial year ended March 31, 2026. This is a routine regulatory filing under SEBI's takeover regulations requiring promoters to declare share pledging activities annually. The disclosure is dated April 2, 2026.
Positive for retail investors as it confirms promoters have not pledged their shares, indicating no risk of forced selling from margin call triggers. This suggests the promoter group maintains financial stability and has not leveraged their holdings for loans.