NSEDisclosure under SEBI Takeover Regulations22 Jun 2026 · 22 Jun 2026, 07:17 pm

Disclosure under SEBI Takeover Regulations

Sharda Motor Industries Limited · SHARDAMOTR

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Indira Choudhary, a promoter of Sharda Motor Industries Limited, has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to the Exchange. This regulation mandates the disclosure of shares encumbered (pledged or otherwise charged) by promoters. The filing indicates compliance with reporting requirements regarding promoter share pledges.

Analysis Scores

Earnings Impact5/10
Growth Catalyst1/10
Governance Concern5/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact5/10
Market Sentiment4/10

Full Announcement

Indira Choudhary 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.