KG Denim Ltd — JV/Acquisition, 07-04-2025: Disclosure under Regulation 31(4) & (5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
07-04-2025 · 03:38 pm
K G Denim Limited has announced a board meeting to disclose yearly promoter shareholding information for the year ending March 31, 2025. The promoter, B Sriramulu, confirmed that there has been no encumbrance over the shares held by the promoters or their group during the financial year. This transparency reinforces the stability of the promoter's shareholding and may positively influence investor sentiment, reflecting a solid governance commitment. The absence of encumbrance suggests lower risk for shareholders, potentially making the company more attractive as it outlines a steady governance approach.
No comments yet. Be the first to comment!
