Mukand Lal Dua 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.
RELAXO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Mukand Lal Dua has submitted a declaration to the exchanges confirming that neither he nor his Persons Acting in Concert (PAC) have created any encumbrances (pledges) on their equity shareholding in Relaxo Footwears Limited during Financial Year 2025-26. The PAC includes Usha Dua, Nikhil Dua, Ritesh Dua, Nitin Dua, Mukand Lal Dua (HUF), Ms. Pushpa Juneja, and Ms. Shashi Mehra. This is a negative declaration filed under Regulation 31(4) of the Takeover Regulations, which requires promoters to disclose encumbrances on their shareholding.
No pledge activity by the promoter group is a positive signal for shareholders as it indicates no risk of forced share sales or dilution from encumbered shares being invoked.