Ujaas Energy 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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Ujaas Energy Limited has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing, signed by promoter Anurag Mundra, confirms that the promoters of the company along with persons acting in concert (PACs) have not created any new encumbrance (pledge) on their shares during the financial year, other than those already disclosed previously. This is a routine compliance filing confirming a negative or nil position regarding promoter share pledges.
No immediate shareholder concern as the filing indicates promoters have not added new pledges on their shares. This is a neutral/positive confirmation regarding promoter commitment and no dilution of encumbered shares.