Ram Pal Soni 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.
SANGAMIND · price
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Awaiting price reaction for this filing.
Ram Pal Soni, on behalf of the Promoter and Promoter Group of Sangam (India) Limited, has submitted an annual disclosure confirming that no member of the promoter group or persons acting in concert has created any encumbrance (pledge, lien, or similar charge) on the company's shares during the financial year ended 31st March 2025. The accompanying annexure lists the detailed shareholding of 23 promoter group entities as of March 31, 2025. The total promoter group holding stands at 3,52,55,438 shares, equating to 70.16% of the company's equity share capital. This is a routine annual compliance filing under SEBI takeover regulations, with the disclosure indicating a nil encumbrance position.
This is a routine regulatory filing and carries no material impact on shareholders or the stock price. The confirmation of zero encumbrance reassures investors that no promoter shares are currently pledged, which is a mildly positive signal regarding promoter confidence and financial standing.