Disclosure under Regulation 31(4) of SEBI SAST Regulations 2011 for the financial year ended 31.03.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The promoter group of Ritesh International Ltd, along with relatives and persons acting in concert, held 36,81,947 equity shares representing 43.05% of the company as on 31 March 2025. Under Regulation 31(4) of SEBI's Takeover Regulations, they have declared that no encumbrance (pledge, lien or similar charge) was created on any of these shares, directly or indirectly, during the financial year. The disclosure is signed by promoter and Managing Director Ritesh Arora on behalf of himself and other promoter group members. This is a routine annual compliance filing with BSE.
No material impact on shareholders — the disclosure is a regulatory compliance statement confirming the promoter group's 43.05% stake is fully unencumbered, which is a neutral-to-slightly-positive signal as it removes concerns of forced selling risk from pledged shares.