Pursuant to the provisions of Regulation 31 (4) of the Securities and Exchange Board of India (Substantial Acquistion of Shares and Takeovers) Regulations, 2011, it is hereby confirmed ....
Awaiting price reaction for this filing.
Promoter Mr. Kantilal Bhuralal Patel, on behalf of the Promoter and Promoter Group, has submitted the annual disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 for the financial year ended March 31, 2025. The filing confirms that the promoters and persons acting in concert have not created any encumbrance (pledge, lien, or otherwise) — directly or indirectly — on the equity shares of the company during FY 2024-25. This is a routine annual compliance submission to BSE, and the company secretary has signed off on the disclosure. No share movements or encumbrance details are included in the disclosure itself.
This is a routine compliance filing with no material change to promoter holdings or encumbrance status, so it is unlikely to have any impact on the stock price or shareholder concerns. Investors can interpret it as confirmation that promoters did not pledge or otherwise encumber their shares during the year.