Devendra Khemka For & on behalf of 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.
TEXRAIL · 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 Rail & Engineering, has submitted an annual declaration to the stock exchanges and the audit committee under SEBI Takeover Regulations. He has confirmed that he and persons acting in concert have not created any new encumbrance (pledge, lien, or similar charge) on the company's shares during the financial year ended March 31, 2025, beyond what has already been disclosed. The declaration is a routine annual compliance filing required of promoters.
This is a neutral, routine compliance disclosure. It reassures shareholders that no new pledges or encumbrances have been added on promoter shares during the year, suggesting no immediate pressure on the promoter's holdings. No material impact on stock price is expected.