A LALITHA 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.
SHIVAMILLS · price
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Awaiting price reaction for this filing.
A. Lalitha, one of the promoters of Shiva Mills Limited, has filed the annual disclosure under SEBI Regulation 31(4) of the Takeover Regulations, 2011. She holds 2,13,680 equity shares, representing 2.47% of the company's share capital. In the disclosure, she confirms that she has not created any encumbrance (pledge, lien, or charge) on these shares, directly or indirectly, during the financial year ending March 31, 2025. This is a routine yearly compliance filing required from promoters.
This is a neutral, routine compliance disclosure with no material impact on the stock. It simply confirms that the promoter has not pledged or otherwise encumbered her 2.47% stake, which is a positive sign of unencumbered holdings.