Stove Kraft 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.
STOVEKRAFT · price
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Awaiting price reaction for this filing.
The promoters of Stove Kraft Limited — Rajendra Gandhi, Sunita Rajendra Gandhi, and Neha Gandhi — have submitted their annual disclosure to BSE and NSE as required under Regulation 31(4) of SEBI's Takeover Regulations. In the filing, the promoters confirm that they have not created any new encumbrance (such as a pledge or lien) on the company's shares during the financial year ended March 31, 2025, other than what has already been disclosed to the stock exchanges. This is a routine yearly compliance submission and does not involve any change in shareholding or new encumbrance. No specific numbers or revised holdings are mentioned in the disclosure.
This is a routine compliance filing and is neutral for shareholders. It simply confirms that promoters have not added any new pledge or encumbrance on their holdings during the year, which is a mildly reassuring signal regarding promoter financial discipline.