Reg.31(4) of SEBI SAST Reg.2011
Awaiting price reaction for this filing.
Narbada Gems and Jewellery Ltd has filed its yearly disclosure under Regulation 31(4) of the SEBI Takeover Regulations for FY ending 31st March 2025. The promoter and promoter group hold 1,58,64,824 shares, representing 74.99% of the total share capital. The promoters have declared that no encumbrance (pledge, lien, or any other covenant) was created on their shares, directly or indirectly, during the financial year. The encumbrance as a percentage of promoter shareholding stands at NIL. The disclosure includes a detailed list of all 11 promoter group members along with their individual shareholdings and PAN details.
This is a routine compliance filing with no material impact on the stock. The confirmation of zero encumbrance is mildly positive, as it indicates promoters have not pledged their holdings for raising debt, reducing risk of forced selling.