JAYANT DAVAR 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.
SANDHAR · price
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Awaiting price reaction for this filing.
Jayant Davar, on behalf of all promoters and promoter group members of Sandhar Technologies, has submitted a declaration under SEBI's Takeover Regulations confirming that no encumbrance (such as pledge or lien) was created, directly or indirectly, on their shares during the financial year ended 31 March 2025. The filing lists 10 promoter and promoter group entities, including Mr. Jayant Davar, family members, and related corporate bodies. This is a routine annual compliance disclosure required from promoters of listed companies.
This is a neutral-to-positive disclosure for shareholders. It confirms that the promoters have not pledged or otherwise encumbered their shares during the year, signalling stability in promoter holding and no immediate risk of forced share sales due to margin calls.