VAB Ventures 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.
PRUDMOULI · price
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VAB Ventures Limited, the promoter company of Prudential Sugar Corporation Limited, has submitted a disclosure confirming that neither the promoter group nor persons acting in concert (PAC) have created any new encumbrances over the company's shares during the financial year ended March 31, 2026. The disclosure was submitted by Vinod Kumar Baid, Director of VAB Ventures Limited, on April 2, 2026. This filing is a routine regulatory requirement under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The nil disclosure indicates promoters have not pledged additional shares as collateral during the year.
Positive signal for existing shareholders as it confirms promoters have not created additional share pledges, reducing the risk of forced selling pressure from margin calls or loan defaults.