Saurashtra Cement Limited 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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Saurashtra Cement Limited has submitted an annual disclosure for FY 2024-25 stating that the promoters and persons acting in concert did not create any encumbrance (pledge, lien, or charge) on their shares during the financial year. The declaration was filed by Jay Mahendra Mehta on behalf of the promoter and promoter group. The filing includes Annexure B listing all promoter and promoter group members. This is a routine regulatory compliance submission required every year to confirm the promoter holdings remained free of encumbrance.
This is a neutral, routine compliance filing. It reassures shareholders that the promoter group's shares were not pledged, invoked, or released during FY 2024-25, suggesting no financial stress or stake-related activity at the promoter level. No material impact on the stock is expected from this disclosure.