Kunal Tarachand Shah 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.
SURAJLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kunal Tarachand Shah, a Promoter of Suraj Limited, has submitted a declaration under Regulation 31(4) of SEBI SAST Regulations 2011. The disclosure confirms that he, along with persons acting in concert (PAC), has NOT created any encumbrance (pledge/charge on shares) during the Financial Year ended 31st March 2026. The filing lists 13 entities including 3 Promoters (Kunal Tarachand Shah, Ashokkumar Tarachand Shah, Gunvantkumar Tarachand Shah) and 10 Promoter Group members on whose behalf the declaration is submitted. This is a routine regulatory filing for companies with existing promoter encumbrances, where promoters must periodically declare any changes to share pledges.
A negative declaration (no new encumbrances) is generally neutral to positive for retail investors as it indicates promoters have not pledged additional shares, maintaining clean promoter holding. No immediate impact on stock price expected.