Gautam N. Mehra 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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Gautam N. Mehra, a promoter of Savita Oil Technologies, has filed an annual declaration under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. In this declaration, he confirms that he and persons acting in concert have not created any encumbrance (pledge, charge, or similar) on the equity shares of the company during the financial year ended 31st March 2025. This is a routine annual compliance filing required from promoters. The filing does not disclose any specific shareholding details or changes in stake.
This is a routine annual compliance disclosure and is neutral for shareholders. It simply confirms no new pledges or encumbrances were created by the promoter group during the year, which is a mildly reassuring signal regarding promoter financial discipline.