Ashwin Chandran For and on behalf of the Promoter & Promoter Group of the Company 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.
PRECOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ten members of the Promoter and Promoter Group of Precot Limited (NSE Symbol: PRECOT) have filed their annual disclosure for FY 2024-25 declaring that they did not create any encumbrance (pledge or similar charge) on their shares during the year. The disclosures were submitted by Ashwin Chandran, Prashanth Chandran, Sarath Chandran, D Sarath Chandran HUF, Divya Chandran, Viren Mohan, Vijay Mohan, Vikram Mohan, Vanitha Mohan, and Madhura Mohan. Together they hold around 61.5% of the company, with the largest individual stakes being Ashwin Chandran at 19.36%, Prashanth Chandran at 16.56%, and Sarath Chandran at 13.69%. Existing encumbrances on their shares are also stated as Nil.
This is a routine, neutral regulatory filing with no negative implication — promoters have neither pledged new shares nor invoked existing pledges in FY25, which removes a common overhang risk for retail investors. No expected impact on the stock price.