Vicky Hemchand Gala 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.
VALIANTORG · price
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Awaiting price reaction for this filing.
Vicky Hemchand Gala, on behalf of all promoters and promoter group members of Valiant Organics Limited, has submitted an annual declaration under Regulation 31(4) of the SEBI Takeover Regulations. The declaration states that the promoters and persons acting in concert have not created any encumbrance (pledge or lien) on their shares beyond what has already been disclosed in the shareholding pattern for the financial year ended March 31, 2025. A complete list of 35 promoter and promoter group members, including individuals and trustee/corporate entities, has been enclosed.
This is a routine annual compliance filing and is largely neutral for shareholders. It confirms there are no hidden or undisclosed pledges on promoter-held shares, which is a positive sign regarding transparency, though it carries no material impact on stock price.