SALONANSESalona Cotspin LimitedLowNeutral
Announced Wed, 30 Apr · 13:13 IST

Shyam Lal Agarwala 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.

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shyam Lal Agarwala, a promoter of Salona Cotspin Limited, has submitted an annual declaration to NSE as required under SEBI's Takeover Regulations. The declaration confirms that he and all persons acting in concert have not created any new encumbrance (pledge or charge) on their shares during FY 2024-25, beyond what was already disclosed earlier. This is a routine yearly compliance filing by the promoter, with no new financial action taken on their shareholding.

Likely market impact

This is a routine regulatory compliance filing with no material impact on the stock. It simply confirms that promoters have not pledged or charged any additional shares over the past year.