We hereby submit Disclosure under Regulation 31(4) of SEBI(SAST) Regulations, 2011.
Awaiting price reaction for this filing.
Starlite Components Ltd has submitted a disclosure under SEBI's Takeover Regulations. The company's promoters and persons acting in concert (PAC) have declared that they have not created any encumbrance (pledge) over their shares during the financial year ended March 31, 2026. This is a negative confirmation filed with BSE as required under Regulation 31(4), which mandates promoters to disclose their pledge status periodically. The declaration was signed by Director Prabhakar Shankarappa Biradar on April 3, 2026. A copy was also sent to the company's Audit Committee for records.
This is a positive confirmation for existing shareholders as it indicates promoters have not pledged their shares, which reduces the risk of forced selling pressure. No immediate impact on stock price expected from this filing.