Abburi Sarada 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.
AVANTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
M/s. Lakshmee Foundation, represented by Abburi Sarada, has submitted a declaration to BSE and NSE under Regulation 31(4) of SEBI (SAST) Regulations, 2011. The declarant, along with persons acting in concert (PAC), has confirmed that they have NOT created any encumbrance (pledge) on the equity shares held by them in Avantel Limited as of March 31, 2026. This is a periodic compliance filing that requires promoters to declare their encumbrance status.
This is a positive signal for shareholders as it confirms that promoters have not pledged their shares, indicating they are not in financial distress requiring collateral. No immediate negative impact on the stock expected from this filing.