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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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.
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.