PITTIENGNSEPitti Engineering LimitedLowNeutral
Announced Mon, 12 May · 14:42 IST

Sharad B Pitti ,Akshay S Pitti ,Madhuri S Pitti ,Sharad B Pitti (HUF) Pitti Electrical Equipment Pvt 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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pitti Engineering Limited has submitted a declaration from its promoters and promoter group (Sharad B Pitti, Akshay S Pitti, Madhuri S Pitti, Sharad B Pitti HUF, and Pitti Electrical Equipment Pvt Ltd) under SEBI Regulation 31(4). The declaration confirms that the promoters have not created any new encumbrance (pledge or lien) on their shares during the financial year ended 31st March 2025, other than those already previously disclosed. The company has been requested to place this declaration before its Audit Committee at the next meeting. This is a routine annual compliance filing required of promoter groups.

Likely market impact

This is a neutral, routine compliance filing with no material impact on shareholders. It simply confirms promoters have not pledged additional shares, which is mildly reassuring but not a significant event for stock price movement.