Anoop Kumar Bansal 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.
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Awaiting price reaction for this filing.
Anoop Kumar Bansal, a Promoter of Sarthak Metals Limited, has filed his annual declaration under SEBI's Takeover Regulations for the financial year ended March 31, 2025. He confirmed holding 11,45,250 equity shares in the company as of March 31, 2025. Importantly, he declared that he has not created any encumbrance (pledge or charge) on his shares, either directly or indirectly, during the entire financial year. This is a routine annual compliance filing required from promoters to assure the market that their holdings remain free of encumbrances.
This is a neutral, routine compliance disclosure with no material impact on the stock. It reassures investors that the promoter has not pledged or otherwise encumbered his shares, which is mildly positive for share price stability but does not change the company's fundamentals.