Mr. Mitaram Jangid 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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Awaiting price reaction for this filing.
Mr. Mitaram Jangid, on behalf of all promoters and persons acting in concert (PACs) of Sumit Woods Limited, has submitted a declaration to NSE under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. In this filing, he confirms that no new encumbrances (such as pledges, liens, or other charges) have been created on the promoter group's shares beyond what was already disclosed in previous years. The annexure lists 11 individuals and entities forming the promoter and promoter group, including family members, HUFs, and promoter-group companies such as Mitasu Woods Pvt Ltd and Sumit Infotech Pvt Ltd. This is a routine annual compliance filing, not a new event.
No material impact on shareholders or the stock price. This is a standard regulatory disclosure confirming that the promoter group's shareholding remains free of any new encumbrances, which is mildly reassuring for investors tracking pledged shares.