Ritco Leasing and Finance Pvt Ltd 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.
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Ritco Leasing and Finance Pvt Ltd, the promoter of Ritco Logistics, has filed its yearly declaration under SEBI's Takeover Regulations. The promoter confirms that no new pledge or encumbrance was created on the company's shares during the financial year ended March 31, 2025. Additionally, the number of encumbered or pledged shares held by the promoter stands at Nil as of March 31, 2025. This is a routine annual compliance filing and not a new corporate action.
Positive reassurance for shareholders — the promoter has zero pledged shares, meaning no risk of forced selling or margin pressure from the promoter group. This is a routine compliance filing with no material effect on the stock price.