Quadra Medical Services pvt 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.
BANDHANBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Quadra Medical Services Pvt. Ltd., part of the promoter group of Bandhan Bank, has filed a disclosure under SEBI Takeover Regulations confirming that it has never created any encumbrance (pledge or otherwise) on the equity shares of Bandhan Bank since the bank's inception. The declaration covers the financial year ending 31st March 2025. This is a routine annual compliance filing required from promoter group entities to confirm that no shares held by them have been pledged or otherwise encumbered.
This is a neutral to slightly positive filing for shareholders — it confirms that a promoter group entity has not pledged any Bandhan Bank shares, reducing concerns about forced selling or margin pressure on the stock from the promoter side.