High Energy Batteries ( India)Ltd 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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On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 5.0 pts more than its Paper & Paper Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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High Energy Batteries (India) Limited, part of the Promoter Group of Seshasayee Paper and Boards Limited, has submitted a nil encumbrance declaration for the Financial Year ended 31st March 2026. The company declared that no pledge or encumbrance was created on its shares in Seshasayee Paper and Boards Limited, either directly or indirectly, during this period. The Promoter Group holds 106,645 shares representing 0.169% of the total fully paid-up equity share capital of Seshasayee Paper and Boards Limited. The disclosure is a routine regulatory compliance filing under SEBI Takeover Regulations.
This is a routine compliance filing confirming no new encumbrances were placed on promoter shares during the year. It provides no cause for concern as the promoter group has a small but stable stake of 0.169% with no additional encumbrances added.