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.
Satyanarayan G. Kabra, on behalf of the promoters, promoter group, and persons acting in concert (PAC) of Plastiblends India Limited, has submitted the annual disclosure for the financial year ended March 31, 2025. The promoters have confirmed that they have not created any encumbrance (such as pledge, lien, or charge) on the equity shares of the company held by them during the year. The disclosure lists the names of all promoters and promoter group members, including members of the Kabra family and related entities such as Kolsite Corporation LLP and Kabra Extrusiontechnik Ltd. This is a routine annual compliance filing required by SEBI takeover regulations.
This is a neutral-to-positive disclosure for shareholders. It signals that promoters have not pledged their shares or created any encumbrances during the year, which is generally viewed as a sign of financial stability and confidence in the company. No material impact on stock price is expected as this is a routine compliance filing.