Please Find enclosed herewith the copy of the Annual Declaration received from the Promoter / Promoter Group of the company under Regulation 31(4) of SEBI (Substantial Acquisition of Shares ....
Awaiting price reaction for this filing.
Auto Pins (India) Ltd has submitted the yearly declaration required under SEBI's Takeover Regulations from its Promoters and Promoter Group for the financial year ended March 31, 2025. Three promoter-related entities — Rajbir Singh (individual promoter), Mystic Woodart Private Limited (a promoter company), and Prabhjyot Kaur (individual promoter) — have each separately confirmed that they, along with persons acting in concert, have not created any encumbrance (such as a pledge or lien) on their shares, directly or indirectly, during the year. This is a routine annual compliance filing and the declarations explicitly state that no such encumbrance activity took place.
For shareholders, this is a neutral, routine compliance update — it simply confirms that the promoters have not pledged or otherwise encumbered their holdings during the year, which removes one potential overhang concern (forced sale risk from pledged shares). No change in promoter ownership or voting control is implied, and the stock price is unlikely to react materially to this filing.