Gurdeep Soni and Paramjit Singh Soni 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.
UNIPARTS · price
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Awaiting price reaction for this filing.
Promoters Gurdeep Soni and Paramjit Singh Soni, along with the wider Promoter and Promoter Group of Uniparts India Limited, have filed a declaration under SEBI's Takeover Regulations confirming that they have not created any encumbrance (pledge, lien, or otherwise) on the company's shares at any time during the financial year 2024-25. The filing lists 10 entities forming the Promoter and Promoter Group, including three Nevada-based family trusts. This is a routine annual compliance submission required from the promoter group, and in this case, it is a clean declaration with no pledging activity reported throughout the year.
This is a neutral-to-positive signal for shareholders, as it confirms the promoter group's shares remain free of pledges or encumbrances. It reduces concerns about forced selling risk and reassures investors that promoter holdings were not leveraged during FY25.