The Punjab Produce & Trading Co. Pvt. 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.
UNIVCABLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The promoter group of Universal Cables Limited, led by The Punjab Produce & Trading Co. Pvt. Ltd., has filed a declaration under Regulation 31(4) of SEBI's Takeover Regulations confirming that none of the promoters or persons acting in concert have created any encumbrance (pledge, lien, or charge) on their equity shares in the company. The promoter group collectively holds around 68.7% of the company's share capital, spread across 23 entities and individuals. Key holdings include Vindhya Telelinks Ltd. (23.85%), The Punjab Produce & Trading Co. (14.77%), and Gwalior Webbing Co. Pvt. Ltd. (8.32%). This is a routine annual compliance filing required from promoter groups to confirm the unencumbered status of their holdings.
Positive for shareholders — the declaration confirms that the entire promoter stake (~68.7%) is free from any pledge or encumbrance, removing a key risk factor and signalling promoter confidence in the company.