SHIV SHANKAR PODDAR 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.
PODDARMENT · price
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Shiv Shankar Poddar, on behalf of all promoters of Poddar Pigments Limited, has submitted a compliance disclosure under SEBI Regulation 31(4). The disclosure confirms that the promoters, along with persons acting in concert, have NOT created any encumbrance (pledge) over their shares in the company, either directly or indirectly, during the financial year ended March 31, 2026. This is a regulatory compliance filing to disclose the status of promoter share pledges. The company is listed on both NSE (PODDARMENT) and BSE (scrip code 524570).
This is a neutral-to-positive disclosure for investors as it confirms promoters have not added new pledges on their shares during the year, suggesting no additional risk of share forfeiture or forced sale of promoter holdings.