Pix Transmissions Limited 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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Pix Transmissions Limited has submitted to the exchanges an annual disclosure under Regulation 31(4) of SEBI's Takeover Regulations. The filing, signed by promoter Sukhpal Singh Sethi on behalf of the entire promoter group and Persons Acting in Concert (PACs), confirms that none of the promoters, promoter group members, or PACs created any encumbrance (pledge) on their shareholdings during the financial year ended 31 March 2026. The promoter group includes Sukhpal Singh Sethi, Davinder Sethi, Rishipal Sethi, Saba Sethi, Muskaan Sethi, and Pooja Pardasani. This is a standard annual negative declaration filing — essentially a clean chit from the promoter group regarding share pledging activity during the year.
The absence of any share pledges is a positive signal for investors as it indicates the promoter group has sufficient financial flexibility and is not using promoter shares as collateral, reducing risk of forced selling. This filing is informational and does not directly impact the stock price.