Inder Jaisinghani 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.
POLYCAB · price
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Awaiting price reaction for this filing.
Polycab India promoter Inder T. Jaisinghani has filed a yearly compliance disclosure under SEBI's Takeover Regulations. The filing confirms that the promoter and promoter group, along with persons acting in concert, did not create any encumbrance (pledge, lien, or charge) on their equity shares in the company during the financial year ended 31 March 2025. The submission also includes the full list of 31 promoter and promoter group entities, comprising individual family members and multiple family trusts. The disclosure is dated 9 April 2025 and is required to be made annually to maintain transparency on promoter holdings.
This is a routine regulatory filing and not a material event. The absence of any new encumbrance on promoter shares is mildly reassuring for retail investors, as it rules out any near-term forced selling pressure from pledged holdings. No direct effect on the stock price is expected.