Vikram Mohan has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
PRICOLLTD · price
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Vikram Mohan, a promoter of Pricol Limited, has submitted a declaration to the stock exchanges stating that he has not created any new encumbrance (such as pledge or lien) on his shares of Pricol Limited during the financial year 2024-2025. This is a routine annual compliance filing required under SEBI's Takeover Regulations, confirming that no undisclosed encumbrances exist on his holdings beyond what was already disclosed.
This is a routine compliance disclosure with no material impact on the stock. It reassures investors that the promoter has not pledged any additional shares as collateral, indicating no immediate financial stress on this promoter.