Announced Wed, 20 May · 09:57 IST
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.
SPLPETRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹700.00
prior close
₹696.95
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.5-0.1-0.4-1.7-1.0-3.0-3.6-3.7-3.4-4.4+10.7+0.3—
Up moveDown movePending
AI summary
M.P. Taparia, on behalf of the Promoter and Promoter Group of Supreme Petrochem Limited, has submitted a declaration confirming that there is NO encumbrance on the shares held by promoters as of March 31, 2026. This is a regulatory filing under SEBI's Takeover Regulations requiring disclosure of share pledges. The declaration lists 51 entities including individuals and companies forming the promoter group.
Likely market impact
This is a positive disclosure indicating that promoter shares are free of any pledges or encumbrances, which is reassuring for minority shareholders as it means lenders have no claim on promoter shares.