PRAKASH M. SANGHVI 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.
RATNAMANI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prakash M. Sanghvi, on behalf of the promoters of Ratnamani Metals & Tubes Limited, has filed a declaration confirming that the promoter group (23 entities/persons including HUFs and family members) has not created any encumbrance — meaning no pledge, charge, or restriction — over their shares held in the company during the Financial Year ended March 31, 2026. This is a periodic compliance filing under SEBI regulations requiring promoters to disclose share pledging status. All 23 listed entities are classified as promoters of the company.
No encumbrance by promoters is generally a positive signal for investors as it indicates the promoter group is not leveraged against their shareholding, reducing risk of forced selling or dilution of control.