ABB Asea Brown Boveri Ltd. 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.
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ABB Asea Brown Boveri Ltd, the promoter of ABB India, has submitted an annual declaration to the exchanges confirming that it did not encumber (pledge or otherwise create a lien on) any shares of ABB India during the financial year April 1, 2024 to March 31, 2025. This is a routine regulatory filing required annually under SEBI's Takeover Regulations to assure the market that the promoter has not used its shareholding as collateral. No specific numbers or transaction details are disclosed since no encumbrance activity took place.
This is a neutral, routine compliance filing with no material impact on shareholders or stock price. It reassures investors that the promoter has not pledged any of its ABB India holdings during the year.