Mahesh P Babani For and on behalf of the Promoter and 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.
PRIVISCL · price
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Awaiting price reaction for this filing.
Mahesh P Babani, along with other members of the Promoter and Promoter Group, has filed the annual disclosure with BSE and NSE as required under SEBI's Takeover Regulations. The promoters and promoter group entities include Mahesh P Babani, Mahesh Purshottam Babani HUF, Seema Mahesh Babani, Snehal Mahesh Babani, Jyoti Mahesh Babani, Vivira Investment and Trading Private Limited, Moneymart Securities Private Limited, and MM Infra & Leasing Private Limited. Each entity has declared that they did not create any encumbrance, directly or indirectly, on the equity shares of Privi Speciality Chemicals during the financial year ended March 31, 2025. The PAN details of all promoters have also been submitted along with the disclosure.
This is a routine annual compliance filing and has no material impact on shareholders or the stock price. The disclosure confirms that promoters have not pledged or otherwise encumbered their shareholdings during the year, which is a neutral to mildly positive signal regarding promoter confidence in the company.