Attached is the Annual Disclosure received by the Company from it''s Promoter/Promoter Group under Regulation 31(4) of SEBI (SAST), Regulations, 2011 as amended, for the F.Y ended 31.03.2026
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Rapid Investments Ltd has filed an annual disclosure under SEBI regulations confirming that the Promoter and Promoter Group have not created any encumbrance (pledge) over their shares during the financial year ended March 31, 2026. The disclosure is signed by Nina Ranka, Managing Director, on behalf of the Promoter and Promoter Group. This is a standard regulatory filing to confirm the status of promoter shareholdings and any restrictions on those shares. The company is listed on BSE with Scrip Code 501351.
This is a neutral to slightly positive disclosure for investors as it confirms promoters have not pledged their shares, meaning there is no immediate risk of forced selling due to margin calls. The absence of encumbrance indicates promoter commitment to the company.