True North Fund VI LLP 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.
SHREDIGCEM · price
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True North Fund VI LLP, the promoter of Shree Digvijay Cement, has filed a declaration under Regulation 31(4) of the SEBI Takeover Regulations with the stock exchange. The declaration confirms that the promoter, along with persons acting in concert, has not created any encumbrance (such as a pledge or lien) on the shares held in the company. The letter was submitted on April 7, 2025, and signed by the authorised person, Rahul Vijay Mehta. This is a routine annual/periodic compliance filing required from promoters regarding the status of any encumbrances on their shareholdings.
This is a neutral, routine compliance disclosure. It reassures shareholders that the promoter has not pledged or encumbered its shares, meaning there is no immediate risk of forced share sale or margin call pressure on the stock.