Surana Solar Limited 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.
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Narender Surana, on behalf of the promoter group of Surana Solar Limited, has submitted an annual declaration to NSE, BSE, and the company's audit committee as required by SEBI takeover regulations. The declaration confirms that the promoters and persons acting in concert have not created any encumbrance (pledge, charge, or lien) on the company's shares during the financial year 2024-25. This is a routine annual compliance filing under Regulation 31(4) read with 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. No specific share quantities or monetary values are disclosed in this filing.
This is a neutral, routine compliance disclosure. It reassures investors that promoters have not pledged or locked in their shareholdings during the year, which is a mildly positive signal regarding promoter confidence and absence of funding stress at the promoter level.