Chandrakant V Gogri 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.
Chandrakant V. Gogri, along with his wife Jaya Chandrakant Gogri, has filed a disclosure with BSE and NSE under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. In this filing, dated April 8, 2025, they have declared that no encumbrance (such as a pledge, lien, or charge) was created on their equity shares of Sejal Glass Limited, either directly or indirectly, during the financial year ended March 31, 2025. The disclosure is a routine annual compliance requirement for persons who are promoters or persons acting in concert and hold 1% or more of the company's share capital. It indicates that the promoters' shareholding in Sejal Glass remained free of any encumbrance throughout FY25.
This is a routine regulatory disclosure and is largely neutral for shareholders. It confirms that promoters have not pledged or otherwise encumbered their holdings during the year, which is a mildly reassuring signal regarding promoter confidence and financial standing.