WSTCSTPAPRNSEWest Coast Paper Mills Limited· Paper And Paper ProductsLowNeutral
Announced Tue, 5 May · 10:46 IST

S.K. Bangur  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.

WSTCSTPAPR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+7.9%1-day move
₹493.35
prior close
₹496.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.2-0.3-0.1+7.9+5.2+5.9+5.8+1.6-4.7+1.6+3.8+5.8
Up moveDown movePending
AI summary

Shree Kumar Bangur filed a Regulation 31(4) disclosure on behalf of the promoter group of West Coast Paper Mills Ltd. The filing confirms that the promoters and persons acting in concert (PAC) have not created any new share encumbrances (pledges) during the financial year 2025-26, other than those already disclosed previously. The disclosure lists 17 entities in the promoter group, including multiple Bangur family members (Shree Kumar Bangur, Shashi Bangur, Saurabh Bangur, Virendra Bangur, Bharti Bangur, Aaryan Bangur, Ankit Bangur, Shrivatsa Bangur) and several group companies. This is a routine compliance filing required by SEBI regulations.

Likely market impact

No new pledge creation by promoters is a positive signal for existing shareholders, indicating promoters are not leveraging their shareholding and there is no immediate risk of forced share sales. This reflects promoter confidence and financial stability in the Bangur family-controlled company.