Niraj Bajaj 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.
BAJAJFINSV · price
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Niraj Bajaj, on behalf of the Promoters and Promoter Group of Bajaj Finserv Ltd., has submitted a disclosure to the National Stock Exchange and BSE Ltd. The filing confirms that none of the promoters, either individually or along with the Promoter Group, have made any encumbrance (pledge or charge) over their shares during Financial Year 2025-2026. This is a nil disclosure filed pursuant to Regulation 31(4) of SEBI's Takeover Regulations, which requires promoters to declare encumbrances on their shareholding.
This is a positive confirmation for shareholders as it indicates promoters have not pledged their shares, suggesting they have sufficient financial liquidity and remain confident in the company's prospects without leveraging their holdings.