Sharda Relan 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.
SHARDAMOTR · price
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Sharda Relan, a promoter of Sharda Motor Industries, has filed a disclosure confirming that she did not create any encumbrance (pledge or similar) on shares, directly or indirectly, during the financial year ended 31 March 2025. Her personal shareholding in the company stands at Nil equity shares as of 31 March 2025. This is a routine annual compliance filing required under SEBI's takeover regulations for promoters.
This is a standard compliance disclosure and carries no material impact on the stock price. It simply reassures investors that the promoter has not pledged any shares during the year, though her individual holding is already Nil.