Ruchira Papers Limited has informed the Exchange regarding Disclosures pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Ruchira Papers Limited submitted a yearly disclosure under SEBI Regulation 31(4) on behalf of its Promoter and Promoter Group for the financial year ended 31st March 2026. The Promoter, Jatinder Singh, declared that no encumbrance — meaning no pledge, lien, or restrictive arrangement — was created on the company's shares, either directly or indirectly, during the year. The filing is signed by the Company Secretary and dated 3rd April 2026. The enclosed promoter declaration is also separately dated 1st April 2026. This is a standard annual compliance filing confirming a clean shareholding structure on the promoter side.
A no-encumbrance declaration is broadly positive for investor confidence, as it means promoters have not pledged shares, reducing the risk of forced dilution or selling pressure from margin calls.