Shiva Performance Materials Private 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.
STYRENIX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shiva Performance Materials Private Limited, the promoter of Styrenix Performance Materials Limited, has submitted a disclosure confirming it holds 81,31,158 shares representing 46.24% of the company. The promoter has declared that it has not created any encumbrance (pledge) on its shares, either directly or indirectly, during the financial year ended 31st March 2026. This is a routine negative pledge declaration required under SEBI regulations.
Positive for shareholders as the declaration confirms the promoter's 46.24% stake is unencumbered, meaning there is no risk of pledge invocation causing sudden share supply pressure. The promoter's holding is below the 50% threshold.