Devendra Khemka For and on behalf of Akshay Poddar 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.
ZUARIIND · price
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Awaiting price reaction for this filing.
Akshay Poddar, a member of the promoter group, along with persons acting in concert, has submitted a yearly compliance declaration under SEBI's Takeover Regulations to Zuari Industries, the audit committee, NSE and BSE. In it, he confirms that he and PACs have not created any new encumbrance (pledge, charge or similar) on the company's shares during the financial year ended March 31, 2025, beyond what was already disclosed earlier. This is a routine annual filing required from promoters and does not mention any acquisition, sale or change in pledged holdings.
Neutral for shareholders — this is a standard yearly compliance disclosure confirming no new pledges or charges were created; no material impact on the stock price is expected.