Sejal Glass 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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Awaiting price reaction for this filing.
Sejal Glass Limited has submitted annual disclosures to BSE and NSE under Regulation 31(4) of SEBI's Takeover Regulations, 2011 for the financial year ended March 31, 2025. Promoters Amrut S. Gada, Chandrakant V. Gogri (along with Jaya Gogri), Dilesh Roadlines Pvt Ltd, and Trushti Enterprises LLP have each declared that they did not create any encumbrance (pledge, lien, or similar charge) on their equity shares of the company during FY 2024-25, either directly or indirectly. The accompanying Annexure 1 lists 25 promoters, promoter group entities, and persons acting in concert, including individual family members, HUFs, and group companies like Sejal Realty, Sejal Glass Craft, Sejal Finance, and Sejal International. The filing is a routine annual compliance confirmation.
This is a neutral-to-slightly-positive compliance filing for retail investors, as it confirms that promoters have not pledged or encumbered their shares over the past year — reducing concerns about forced selling or margin calls. It is a routine regulatory submission and is unlikely to have a direct impact on the stock price.