Please find enclosed the yearly disclosure made by the Promoter of the Company under Regulation 31 (4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for financial ....
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Awaiting price reaction for this filing.
Promoter Akhil Malhotra, acting on behalf of the promoter and promoter group, has filed the mandatory yearly disclosure for FY ending March 31, 2025. He confirmed that he along with persons acting in concert have not created any encumbrance (pledge, lien, or charge) on the company's shares, directly or indirectly, during the year. The promoter group includes Mayank Malhotra, Simmi Malhotra, and three group entities — Balmukhi Textiles Pvt Ltd, Shiva Spinfab Pvt Ltd, and Brijeshwari Textiles Pvt Ltd. The company was formerly known as Himachal Fibres Limited. This is a routine annual compliance filing under SEBI takeover norms.
This is a neutral, routine compliance disclosure with no change in promoter shareholding or pledge status. Shareholders need not worry about any new encumbrance on promoter shares for FY25, and there is no immediate implication for the stock price.