Rakam Infrastructures Private 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.
AVONMORE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rakam Infrastructures Private Limited has submitted a yearly declaration under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company confirmed that it holds 4,57,30,380 shares of Avonmore Capital & Management Services as of 31st March 2025. Importantly, it has declared that it did not create any encumbrance (such as a pledge or charge) on these shares, directly or indirectly, during the financial year ended 31st March 2025. This is a routine annual compliance filing required from persons holding more than 25% of a company's shares.
Neutral to mildly positive for shareholders — the declaration confirms that the major shareholder has not pledged its holdings, removing any near-term risk of forced share sales from a pledge invocation. No change in ownership or capital structure has occurred.