TATA AutoComp Systems Limited 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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Tata AutoComp Systems Limited, the promoter of Automotive Stampings and Assemblies Limited (TACO), has submitted a routine disclosure declaration as required under SEBI regulations. The declaration confirms that the promoter has NOT created any encumbrance or pledge on their shareholding. As of March 31, 2026, Tata AutoComp holds 11,898,296 shares representing 75% of the total share capital. Importantly, the number of shares pledged or encumbered stands at NIL (0% of their holding). This is a positive confirmation that the promoter's stake is free of any debt-related encumbrances.
For shareholders, this declaration is reassuring as it confirms the promoter holds a strong 75% stake without any pledge or encumbrance, indicating financial stability and no immediate risk of forced share sale due to debt obligations.