Ramesh Kumar 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.
Awaiting price reaction for this filing.
Ramesh Kumar Dua, a promoter of Relaxo Footwears, has submitted a yearly declaration under SEBI's Takeover Regulations for FY 2024-25. He confirms that he, along with persons acting in concert (Lalita Dua, Gaurav Kumaar Dua, Sakshi Dua, Rahul Dua, and Ramesh Kumar Dua HUF), has not created any encumbrances — such as pledging or charging shares — during the financial year. This is a routine annual compliance filing required from promoters and does not involve any change in shareholding or financial commitment.
No material impact on the stock or shareholders. The filing simply confirms that promoters did not pledge or encumber their shares during the year, which is a neutral-to-slightly-positive signal on promoter financial health.