M.P. Taparia 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.
SUPREMEIND · price
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M.P. Taparia, on behalf of the Promoter and Promoter Group of Supreme Industries Limited, has submitted a nil encumbrance declaration under SEBI (SAST) Regulations, 2011. The filing confirms that no encumbrance (pledge or charge) on the shares of Supreme Industries Limited belonging to promoters and promoter group was created directly or indirectly during the Financial Year ending 31 March 2026. The disclosure covers a total of 33 entities/persons in the promoter group, including Venktesh Investment & Trading Company Pvt. Ltd., Mahaveerprasad Surajmal Taparia, and other family members. This is a routine regulatory compliance filing required annually.
A nil encumbrance declaration is a positive signal for investors as it indicates that promoter shares are not pledged, reducing the risk of forced share sales or dilution that could pressure the stock price.