Yatin Subhash Shah 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.
PRECAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Yatin Subhash Shah, Promoter of Precision Camshafts Limited, has filed a yearly declaration with the stock exchanges as required under Regulation 31(4) of the SEBI Takeover Regulations, 2011. He has confirmed that neither he nor any person acting in concert (listed in Annexure 1) has created any encumbrance — such as a pledge, lien, or charge — on their equity shares, directly or indirectly, during the financial year 2024-25. The promoter group's combined holding stands at 6,20,92,363 shares, or 65.37% of the company, with Yatin Shah himself holding 39.78% and Cams Technology Limited holding 14.22%. This is a routine annual compliance filing and not a fresh transaction.
This is a neutral-to-positive disclosure — it confirms the promoter group's shares remain unpledged and free of encumbrances, meaning no forced selling pressure from pledge-related risks. Shareholders should treat it as routine compliance rather than a stock-moving event.