Prahaladbhai Patel 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.
PSPPROJECT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prahaladbhai Patel, on behalf of all promoters and promoter group members of PSP Projects Limited, has submitted a nil encumbrance declaration for the Financial Year ended March 31, 2026. The disclosure confirms that none of the 9 entities in the promoter and promoter group (including Prahaladbhai Patel himself, Shilpaben Patel, Pooja Patel, Sagar Patel, three family trusts, Adani Infra (India) Limited, and Adani Properties Private Limited) have directly or indirectly created any pledge or encumbrance on the company's shares during the year. This is a standard regulatory compliance filing required under SEBI regulations.
Positive signal for minority shareholders as it indicates promoters have not leveraged their shareholding through pledging, reducing risk of forced selling. No immediate impact on stock price expected from this routine filing.