Sunil Chordia 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.
RAJRATAN · price
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Awaiting price reaction for this filing.
Sunil Chordia, on behalf of the promoters and promoter group of Rajratan Global Wire Limited, has submitted a declaration to NSE confirming that no encumbrance (pledge, lien, or charge) has been created on the company's shares, directly or indirectly, during the financial year ended 31st March 2025. The filing lists 10 promoter entities, including Yashovardhan Chordia, Sunil Chordia, family trusts, and promoter group companies. This is a routine annual compliance requirement under SEBI takeover regulations.
This is a neutral-to-positive disclosure. The absence of share encumbrance suggests promoters have not needed to pledge their holdings as collateral, indicating no immediate financial stress. It is a standard regulatory filing and unlikely to cause any significant stock price movement.