PPAP Automotive Limited 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.
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PPAP Automotive Limited's Promoter and Promoter Group have submitted a nil disclosure to the stock exchanges confirming that they have NOT created any encumbrance (pledge) on their shareholding in the company during the financial year ended 31st March, 2026. The disclosure covers 10 entities including individual promoters (Ajay Kumar Jain, Abhishek Jain, Vinay Kumari Jain), HUF entities, and promoter group companies (Kalindi Farms, Prism Suppliers, Smart Commotrade, Elpis Infrastructure). This is a mandatory compliance filing under SEBI regulations requiring promoters to disclose any share pledges made during the year.
A nil disclosure under Regulation 31(4) is generally positive for shareholders as it indicates promoters have not encumbered their shares, maintaining stability in promoter stake and avoiding potential dilution or forced sale risks.