Bhavna Chattopadhyay 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.
XELPMOC · price
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Awaiting price reaction for this filing.
Bhavna Chattopadhyay, a member of the promoter group of Xelpmoc Design and Tech Limited, has filed a disclosure under Regulation 31(4) of the SEBI Takeover Regulations with the stock exchanges. In the disclosure, she has confirmed that as of March 31, 2025, she along with persons acting in concert have not created any encumbrance (pledge or similar charge) on the shares of the company, either directly or indirectly. Accordingly, no further disclosure was required during financial year 2024-25. This is essentially a nil/negative disclosure submitted as a compliance formality under SEBI's substantial acquisition and takeover rules.
This is a routine compliance filing with no material impact on shareholders. It confirms that no promoter group shares have been pledged or encumbered, which is a neutral-to-slightly-positive signal as it indicates no immediate risk of forced share sale due to pledge invocation.