Velji L. Shah 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.
TOKYOPLAST · price
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Promoter Velji L. Shah, along with the promoter group and persons acting in concert, has filed an annual declaration under SEBI Regulation 31(4) for the financial year ended 31st March 2025. The declaration confirms that no encumbrance (such as pledge or lien) has been created on the shares held by the promoter group during the year. The disclosure covers seven promoter and promoter group entities, including Velji Lakhadir Shah, Tokyo Finance Ltd, Haresh V Shah, Priti Haresh Shah, Priyaj Haresh Shah, Drashti Nandu, and Dharmil Haresh Shah. This is a routine annual compliance filing required by SEBI takeover regulations.
This is a neutral, routine compliance disclosure. It reassures shareholders that promoters have not pledged any additional shares as collateral during the year, which is generally viewed as a positive sign of financial stability at the promoter level.