Akshay Poddar 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.
TEXINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Akshay Poddar, a promoter of Texmaco Infrastructure & Holdings, has filed an annual declaration with the stock exchanges as required under SEBI's Takeover Regulations. In the declaration, he confirms that he and persons acting in concert have not created any new encumbrance (such as a pledge or lien) on the company's shares during the financial year ended March 31, 2025, other than what has already been disclosed. This is a routine yearly compliance filing that essentially serves as a 'nil' or negative disclosure regarding any new pledging activity.
This is a neutral, routine compliance filing with no material impact on shareholders. It reassures investors that the promoter has not pledged any additional shares during the year, which removes any near-term concern about new pledge-related risk.