RACL Geartech 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.
RACLGEAR · price
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RACL Geartech Limited has submitted a yearly compliance declaration to NSE and BSE on April 7, 2025. Promoter Mr. Gursharan Singh, on behalf of the Promoters and Promoter Group along with persons acting in concert, has confirmed that no new encumbrance (such as pledges or liens) has been created on the company's shares during the financial year ended March 31, 2025, other than what was already previously disclosed. The filing lists five promoters and promoter group entities, including Mr. Gursharan Singh, Mrs. Narinder Paul Kaur, Mr. Prabh Mehar Singh, The Pradheshiya Industrial and Investment Corporation of UP Ltd., and Aadhar Infosystems Private Limited.
This is a routine annual compliance filing with no material impact on shareholders. The declaration reassures investors that promoters have not pledged any additional shares as collateral, which is generally viewed as a neutral-to-positive signal indicating no immediate financial stress at the promoter level.