Announced Wed, 16 Apr · 17:40 IST

Mr. Nivrutti Pandurang Kedar 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.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Nivrutti Pandurang Kedar, on behalf of the promoter, promoter group, and persons acting in concert, has submitted a routine annual disclosure to the exchange under Regulation 31(4) of the SEBI Takeover Regulations, 2011. This regulation requires promoters to confirm to the audit committee that no additional shares were encumbered (pledged or otherwise) beyond what was already disclosed during the financial year 2024-2025. The disclosure lists the promoter (Surekha Nivrutti Kedar, Kedar Nivrutti Pandurang) and promoter group members (Anuja Nivrutti Kedar, Atharva Nivrutti Kedar). The letter is essentially a 'no change' confirmation — no new pledging, unpledging, or acquisition activity is reported.

Likely market impact

This is a routine compliance filing and does not signal any change in promoter holdings, pledges, or encumbrances. Shareholders should view this as a standard regulatory formality with no expected impact on the stock price.