Pastel 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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Pastel Limited, part of the promoter group of Bharti Airtel, along with Viridian Limited (acting in concert), has submitted a regulatory disclosure to NSE and BSE. Under SEBI Regulation 31(4) of the Takeover Regulations, 2011, they have declared that no encumbrance (such as pledge, lien, or charge) was created on their Bharti Airtel shares, directly or indirectly, during the financial year 2024-25. This is a routine annual compliance filing required from promoter group entities confirming the status of their shareholding encumbrances.
This is a routine compliance disclosure with no material impact on shareholders. It reassures investors that the promoter group has not pledged or encumbered their Bharti Airtel shares during the year, indicating stable promoter shareholding.