Mahaveerprasad Surajmal 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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Awaiting price reaction for this filing.
Mahaveerprasad Surajmal Taparia, on behalf of the promoters and promoter group of Supreme Industries Limited, has submitted a declaration to BSE, NSE, and the company's Audit Committee under Regulation 31(4) of SEBI's Takeover Regulations. The declaration confirms that no encumbrance (such as pledge, lien, or mortgage) was created on shares held by the promoters, promoter group, and persons acting in concert during the financial year ending 31 March 2025. This is a routine annual compliance filing required of all promoter groups of listed companies.
This is a routine regulatory disclosure and carries no material impact on the stock. The fact that promoters have not pledged any shares is mildly reassuring for retail investors, as share pledging is often viewed as a potential red flag regarding promoter financial health.