Sajjan Bhajanka 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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Sajjan Bhajanka, a promoter of Star Cement Limited, has submitted a disclosure under SEBI regulation 31(4) of the SAST Regulations, 2011. The disclosure confirms that neither Sajjan Bhajanka nor any persons acting in concert (PACs) have created any new encumbrances (pledging) on their shares during financial year 2025-26, beyond what was already disclosed earlier. The filing includes a list of 8 PACs including family members (Santosha Bhajanka, Sonuka Jaria, Keshav Bhajanka) and two companies (Sriram Vanijya Pvt. Ltd. and Sriram Merchants Pvt. Ltd.). This is a routine compliance filing that serves as a nil-return on share pledging activity.
This is a routine regulatory filing with no immediate impact on the stock. The absence of new encumbrances is a positive signal for shareholders as it indicates promoters have not pledged additional shares, which could otherwise indicate potential selling pressure or financial stress.