Rajendra Chamaria 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.
STARCEMENT · price
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Awaiting price reaction for this filing.
Rajendra Chamaria, a promoter of Star Cement Limited, has submitted a disclosure under SEBI's Regulation 31(4) confirming that he and persons acting in concert have not created any new encumbrances (such as pledges or liens) on their shares in Star Cement during financial year 2024-25, other than those already disclosed earlier. The filing lists around 27 promoter and promoter-group individuals/family entities (including PACs and HUFs) covered under this declaration. This is a routine annual compliance requirement, not an indication of any new pledge, invocation, or release of shares.
No material impact on shareholders or stock price. This is a standard regulatory confirmation that promoters have not newly pledged or encumbered their holdings, which is generally seen as a neutral-to-slightly-positive signal on promoter confidence.