V Venugopalan For and on behalf of Shradha Agarwala 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.
Awaiting price reaction for this filing.
Shradha Agarwala, a person acting in concert with the promoter group of Mangalore Chemicals & Fertilizers, has submitted an annual declaration under Regulation 31(4) of the SEBI Takeover Regulations for FY ended March 31, 2025. The declaration states that no new encumbrance (such as pledge or lien) has been created on the company's shares during the financial year, other than what was already disclosed earlier. This is a routine annual compliance filing and not a new transaction or change in shareholding.
This is a routine compliance disclosure with no material impact on shareholders or the stock price. It confirms that the promoter group's existing encumbrance position remains unchanged and no new pledges or charges have been added on the company's shares.