Brijgopal Bang 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.
THOMASCOTT · price
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Awaiting price reaction for this filing.
Brijgopal Bang, on behalf of the promoter and promoter group of Thomas Scott (India) Limited, has submitted a declaration under SEBI Regulation 31(4) for the financial year ended 31st March 2025. The declaration states that the promoter group did not create or make any encumbrance (such as pledge or lien) on the equity shares of the company during the year. The filing includes a list of 35 individuals/entities forming the promoter and promoter group, including family members and Bodywave Fashions (India) Private Limited. This is a routine annual compliance submission required from promoters.
This is a neutral-to-slightly-positive disclosure for shareholders, confirming that promoters have not pledged any additional shares as collateral during the year, which reduces concerns over forced selling risk. It is a routine regulatory filing and is unlikely to have a material impact on the stock price.