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.
STARCEMENT · price
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Awaiting price reaction for this filing.
Sajjan Bhajanka, a promoter of Star Cement Limited, has filed a disclosure with BSE and NSE under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The disclosure, dated 3 April 2025, confirms that he and persons acting in concert (listed in Annexure A, including Santosh Bhajanka, Sonu Kajaria, Payal Agrawal, Shraddha Agarwal, Keshav Bhajanka, Sriram Vanijya Pvt. Ltd., and Sriram Merchants Pvt. Ltd.) have not created any new encumbrance — such as a pledge or lien — on their shares in Star Cement during FY 2024-25, other than anything already disclosed. This is a routine annual compliance filing required of promoters every financial year.
This is a neutral, routine regulatory disclosure and is unlikely to have any material impact on the stock price. It reassures shareholders that the promoter group has not pledged or locked up any additional shares, which is mildly positive for shareholding stability.