Daud Ali 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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PIL Italica Lifestyle Limited has submitted an annual disclosure under SEBI's Takeover Regulations for the financial year ended March 31, 2025. The filing was made by Daud Ali on behalf of the promoter and promoter group, including persons acting in concert. The declaration confirms that no new encumbrances (such as pledges or liens) have been created on the company's shares during the year, apart from those already disclosed earlier. This is a routine yearly compliance submission required from promoters of listed companies.
This is a neutral, routine compliance filing and does not indicate any fresh pledging or unpledging activity by promoters. Shareholders can take comfort that there is no new negative signal about promoter share encumbrances for the reporting period.