Rajiv Mittal 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.
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Promoter Rajiv Mittal has submitted a nil disclosure under Regulation 31(4) of SEBI (SAST) Regulations, 2011. The filing confirms that neither Rajiv Mittal nor any persons acting in concert have created any encumbrance (pledge) on their shares, either directly or indirectly, during Financial Year 2025-26. This is a periodic regulatory filing that promoters must submit to disclose their pledge activity. The disclosure has been sent to both NSE and BSE for their records, with a copy to the Audit Committee of the company.
This is a routine compliance filing with a neutral to slightly positive undertone for shareholders. The absence of new encumbrances indicates that promoters have not pledged additional shares during the year, which can be viewed as a sign of financial stability among the promoter group.