ISG Traders Limited, representing the Promoters Group and PAC of Star Paper Mills Limited , has declared that no shares of the company were encumbered directly or indirectly during the financial year 2025-26. The disclosure, dated April 7, 2026, was submitted to the Audit Committee of Star Paper Mills Limited in compliance with regulatory requirements.

The declaration was made specifically under Regulation 31(4)/(5) of the SEBI (Substantial Acquisition of Shares and Takeovers Regulations) 2011 for the year ended March 31, 2026. ISG Traders Limited confirmed that apart from any previously disclosed encumbrances, there were no new pledges or charges created on the shares held by the promoters during the specified period.

The communication was addressed to the National Stock Exchange of India Ltd and BSE Ltd, as well as the Audit Committee of Star Paper Mills Limited. ISG Traders Limited, registered at 31, Netaji Subhas Road, Kolkata, serves as the authorised signatory for the Promoters Group in this matter.

Key Disclosure Details

The filing ensures transparency regarding the holding status of the promoter group, providing assurance to the exchanges and shareholders that the promoter shareholding remains free from undisclosed encumbrances for the reported financial year.

Star Paper Mills Ltd has shut its trading window for designated insiders effective July 1, 2026, to prevent potential insider trading ahead of its financial results. The restriction applies to Directors, Key Managerial Personnel (KMPs), and Designated Persons and will remain in force until 48 hours after the company declares its financial results for the quarter ending June 30, 2026.

The decision aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and the company's internal code of conduct for regulating and reporting trading by insiders. The closure ensures that no unpublished price-sensitive information is exploited during the period leading up to the results announcement.

Compliance and Regulatory Framework

The trading window closure is a standard procedural compliance measure mandated by market regulator SEBI. It restricts company insiders from trading in the company's shares during sensitive periods to maintain market integrity and protect investor interests.

The company informed the National Stock Exchange of India Ltd and BSE Ltd regarding the closure of the trading window. The disclosure was submitted by Saurabh Arora, Company Secretary of Star Paper Mills Ltd.