Naresh Malhotra 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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Naresh Malhotra, a promoter of Prime Focus Limited, has filed a routine compliance declaration under Regulation 31(4) of SEBI's Takeover Regulations. He confirmed that he has not created any new encumbrance (such as a pledge or lien) on his shares during FY2024-2025, other than what was already disclosed earlier. This is a standard annual filing required from promoters to disclose the status of encumbrances on their holdings. No new numbers, amounts, or changes to shareholding were mentioned in the filing.
This is a routine compliance disclosure with no material impact on shareholders or the stock price. It simply reassures the market that the promoter's encumbrance position has not changed during the financial year.