Apollo Green Energy Ltd 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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Awaiting price reaction for this filing.
Apollo Green Energy Limited, one of the promoters of UFO Moviez India Limited, has filed the annual disclosure for FY 2024-25 as required under Regulation 31(4) of SEBI's Takeover Regulations. In this disclosure, the promoter has confirmed that no new encumbrance (pledge or similar charge) has been created on the shares of UFO Moviez India Limited during the financial year 2024-25. Only previously disclosed encumbrances, if any, remain on record. This is a routine compliance filing submitted annually by promoters holding 20% or more stake.
This is a neutral to mildly positive disclosure — it confirms no fresh pledging of promoter shares during the year, reducing concerns about potential margin calls or forced selling pressure on the stock.