Pricol 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.
PRICOLLTD · price
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Awaiting price reaction for this filing.
Pricol Limited has submitted to NSE and BSE consolidated declarations under Regulation 31(4) and 31(5) of SEBI's Takeover Regulations. The declarations are from promoters Vijay Mohan, Vanitha Mohan, and Vikram Mohan, along with promoter group members Viren Mohan, Madhura Mohan, and Manasa Mohan, as well as promoter group entities Shrimay Enterprises Pvt Ltd, Sagittarius Investments Pvt Ltd, Pricol Holdings Pvt Ltd, Pricol Engineering Industries Pvt Ltd, and Pricol Logistics Pvt Ltd. Each declarant has stated that they have not created any new encumbrance (pledge, charge, or similar) on their Pricol shares during FY2024-25, beyond what was already disclosed. This is a routine annual compliance filing required from every promoter and promoter group member.
This is a neutral, routine compliance filing. It confirms promoters have not pledged additional shares, which is mildly reassuring for shareholders as it indicates no incremental leverage has been taken against their holdings during the year.