Par Drugs and Chemicals Limited — Others, 15-04-2025: Disclosure under SEBI Takeover Regulations

Par Drugs and Chemicals Limited has submitted a declaration confirming that there are no new encumbrances on shares directly or indirectly linked to the promoters, other than those disclosed for the financial year ending on 31-Mar-2025. This declaration, submitted by Mr. Jignesh Vallabhabhai Savani and Mr. Falgun Vallabhabhai Savani on behalf of themselves and their promoter group, reiterates transparency in shareholding and governance.

From an investor perspective, this disclosure can be seen as fostering a positive outlook, as it indicates a stable ownership structure that could support shareholder confidence and mitigate potential risks related to share encumbrance.