Duke Commerce 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.
TEXRAIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Duke Commerce Limited, a person acting in concert with the promoters of Texmaco Rail & Engineering Limited, has submitted a declaration to the stock exchanges confirming that no new encumbrances (pledges) were created on the company's shares during the financial year ended March 31, 2026. This is a routine compliance filing under SEBI's Takeover Regulations requiring persons holding more than 50% stake to disclose any share pledges. The disclosure serves as a negative confirmation that no additional pledging activity has occurred beyond what was previously disclosed.
This is a positive disclosure for existing shareholders as it confirms promoters have not increased their pledged shares during the year, indicating no potential downward pressure on stock from forced selling by lenders.