Announced Tue, 26 May · 12:55 IST

Prudent Corporate Advisory Services 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.

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PRUDENT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.0%1-day move
₹2681.00
prior close
₹2718.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.2-0.1-0.0-0.0+2.0+1.9+0.9-1.2+0.5+14.0+11.9+6.3
Up moveDown movePending
AI summary

Promoter Sanjay Shah has submitted a declaration to the stock exchanges stating that he, along with members of the Promoter Group and Persons Acting in Concert (PAC), have not created any encumbrance (pledge) over the company's shares during Financial Year 2025-2026. This is a regulatory compliance filing under SEBI's takeover regulations. The declaration covers all promoter holdings and is submitted to both NSE (PRUDENT) and BSE (543527). This is a negative declaration confirming no promoter share pledging activity during the period.

Likely market impact

Positive signal for minority shareholders as it indicates promoters have not leveraged their shareholding through pledging, which could otherwise pose dilution risk. No immediate impact on stock price expected from this routine compliance filing.