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
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Awaiting price reaction for this filing.
Kunal Tarachand Shah, a promoter of Suraj Limited, has submitted a declaration under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose to the stock exchanges whether they have created any encumbrance (such as a pledge or lien) on their shares during the financial year. The promoter has confirmed that he has not created any encumbrance, directly or indirectly, on his shares during the financial year ended 31st March 2025. The filing was made to NSE, BSE, and the company's audit committee and board of directors. This is a routine annual compliance filing and does not indicate any change in shareholding or pledge status.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the promoter has not pledged or encumbered any shares during the year, which is a neutral signal.