Simbhaoli Sugars Limited 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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Simbhaoli Sugars Limited submitted a Regulation 31(4) disclosure to the stock exchanges on behalf of the Mann group (part of the promoter group), which includes Dholadhar Investments Pvt Ltd, Mr. Gurmit Singh Mann, and Ms. Gursimran Kaur Mann. The declaration confirms that the promoters have not created any new encumbrance (pledge or lien) on the company's shares during the financial year ending March 31, 2025, beyond what was already disclosed earlier. No fresh pledging activity is being reported through this filing.
This is a routine annual compliance filing and is largely neutral for shareholders. It reassures the market that promoters have not added new pledges on their holdings during the year, which means no fresh liquidity pressure on promoter shareholdings from this group as of March 31, 2025.