Pramod Kumar Gupta 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.
UNIDT · price
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Awaiting price reaction for this filing.
Promoters of United Drilling Tools Limited have filed their annual disclosure under SEBI's Takeover Code Regulations for FY ending March 31, 2025. The disclosure, signed by Chairman-cum-Managing Director Pramod Kumar Gupta, confirms that none of the promoters or persons acting in concert (including Kanal Gupta and Prabha Gupta) have created any encumbrance, pledge, or charge on their 1,51,55,460 equity shares during the financial year. This is a routine yearly compliance submission required from promoter groups to certify that their shareholding remains free of encumbrances.
This is a neutral-to-positive routine compliance filing for shareholders. It confirms promoter holdings of around 1.51 crore shares remain unpledged, meaning no shares have been used as collateral for loans, reducing risk of forced selling.