Sumanth Ramamurthi 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.
SUPERSPIN · price
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Awaiting price reaction for this filing.
Mr. Sumanth Ramamurthi, promoter of Super Spinning Mills Limited, has filed a yearly disclosure under SEBI's Takeover Regulations confirming that neither he nor persons acting in concert (PAC) created any encumbrance (pledge, lien, etc.) on shares held in the company during the financial year ended March 31, 2025. He further confirmed that as of March 31, 2025, the number of shares encumbered or pledged by the promoter group stands at NIL. The filing also lists all 17 promoter and promoter group entities along with their individual shareholdings, totalling roughly 2.35 crore shares across the group.
This is a positive governance signal for shareholders — it rules out any hidden pledge risk on promoter shares, which is a common concern for small-cap investors. No negative price action is expected from this routine regulatory filing.