Udayshivakumar Infra 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.
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All promoters of Udayshivakumar Infra Limited — Aishwarya Shree, Manjushree, Uday Shivakumar, Amrutha, Pooja Shree, and R. Prabhakar — have submitted their annual declarations under SEBI Regulation 31(4) of the Takeover Regulations, 2011. Each promoter confirmed that they, along with persons acting in concert, have not created any encumbrance (such as pledge, lien, or charge), either directly or indirectly, on their shares during the financial year ending 31st March 2025. The declarations were filed with both NSE and BSE on 5th April 2025. This is a routine annual compliance filing required of every listed company's promoters.
This is a neutral-to-positive disclosure for shareholders. It confirms that promoters have not pledged or otherwise encumbered their shareholdings, which removes concerns about forced selling or margin calls from pledged shares. No material impact on stock price is expected from this routine compliance filing.