Duroply Industries Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Members of the Promoter Group of Duroply Industries Limited have released the pledge on 16,12,240 equity shares, reducing the encumbered shares to zero. The total promoter holding remains unchanged at 23,78,430 shares, representing 24.11% of the share capital and 21.92% of the diluted share capital. This release of pledge improves the promoter group's control over their shares, potentially enhancing confidence among shareholders by removing prior encumbrances linked to borrowings or collateral arrangements. The shares were pledged in favor of State Bank of India and were released as per agreed terms.