Mangesh Ramesh Chauhan 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.
SKYGOLD · price
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Awaiting price reaction for this filing.
Promoter and Promoter Group of Sky Gold and Diamonds collectively hold 8,53,51,980 equity shares, representing 58.18% of the company as on 31st March 2025. The three key individual promoters are Mangesh Chauhan (17.27%), Darshan Chauhan (17.16%), and Mahendra Chauhan (15.73%), with the remaining 8.58% held by HUF entities and family members. This is the mandatory annual declaration under SEBI Takeover Regulations confirming that no new encumbrances (such as pledges) have been created on promoter-held shares during FY25, apart from anything already disclosed earlier. The filing is signed by Mangesh Chauhan, Promoter, Managing Director and CFO.
This is a routine annual compliance filing with no material impact on the stock. It reassures shareholders that promoters' 58.18% stake remains intact and free of undisclosed encumbrances, signalling promoter confidence and stability.