Gagan Mittal HUF 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.
UNITEDPOLY · price
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Gagan Mittal, Karta of Gagan Mittal HUF and a promoter of United Polyfab Gujarat Limited, has filed the annual Regulation 31(4) declaration with NSE on behalf of all promoters. The declaration confirms that the promoters and persons acting in concert have not created any new encumbrance (pledge, lien, or charge) on the company's shares during FY 2024-25, other than what was already disclosed earlier. This is a routine annual compliance filing required under SEBI Takeover Regulations to ensure transparency on promoter share encumbrances.
No material impact on shareholders or stock price — this is a routine 'no new action' confirmation, indicating that promoters' existing disclosed encumbrance position remains unchanged and there is no new pledging risk introduced during the year.