SEBI (Substantial Acquisition of Shares) for promoters certificate is filed for taking on record
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The promoters of Shree Karthik Papers Ltd have filed a compliance certificate with BSE as required under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoters confirmed holding 1,42,41,700 equity shares, representing 74.52% of the company, as of March 31, 2026. They declared that no encumbrance, pledge, or lien was created on these shares during the financial year ended March 31, 2026. As of the reporting date, nil shares held by promoters are encumbered or pledged. This is a routine annual filing required from promoters to ensure transparency on share pledges.
This is a routine regulatory compliance filing and is neutral for the stock. It reassures shareholders that promoters have not pledged any of their holdings, which is generally viewed as a sign of confidence and financial stability at the promoter level.