Jugalkishor Harikrishnadas Shah 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.
ZODIAC · price
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Jugalkishor Harikrishnadas Shah, a Promoter of Zodiac Energy Limited, has submitted a declaration to BSE and NSE confirming that neither he nor any member of the Promoter Group has created any new encumbrances (pledges) over the equity shares of the company during the financial year 2025-26. This is a routine compliance filing under Regulation 31(4) of SEBI Takeover Regulations, which requires promoters to periodically declare their share encumbrance status. The filing serves as a negative confirmation that no additional shares were pledged beyond what was already disclosed earlier in the financial year.
This is a positive disclosure for existing shareholders as it confirms promoters have not taken on additional debt against their shareholding. It indicates no increase in promoter-level risk from encumbrances and should be neutral to mildly positive for investor sentiment.