Satyanarayan G. Kabra 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.
PLASTIBLEN · price
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Awaiting price reaction for this filing.
Promoter Satyanarayan G. Kabra, on behalf of the promoters, promoter group, and persons acting in concert (PAC) of Plastiblends India Limited, has submitted the annual declaration under SEBI's Takeover Regulations for FY ending March 31, 2025. The filing confirms that no encumbrance (such as pledge or lien) was created, directly or indirectly, on the company's equity shares held by the promoter group during the financial year. The disclosure lists 12 promoter/PAC entities, including individual family members and two corporate entities (Kolsite Corporation LLP and Kabra Extrusiontechnik Ltd.). This is a routine compliance filing required every financial year.
This is a neutral to mildly positive disclosure for shareholders, as it confirms that promoters have not pledged their shares during the year, signaling financial stability and no immediate margin or ownership pressure on the promoter group.