BIRLACABLENSEBirla Cable LimitedMediumNeutral
Announced Sat, 28 Jun · 13:51 IST

Vindhya Telelinks 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.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vindhya Telelinks Limited, the main promoter of Birla Cable Limited, has filed an annual declaration with the stock exchanges confirming that the promoter and promoter group entities did not create any new encumbrance (pledge or otherwise) on their Birla Cable shares during the financial year ended 31 March 2025. The only existing encumbrance is a pledge of 12,50,000 equity shares by VTL with State Bank of India, given as collateral security for VTL's own working capital facilities. The total promoter and promoter group holding in Birla Cable stands at 66.35% (1,99,05,743 shares), with an additional 0.30% held by persons acting in concert. This is a routine regulatory compliance filing, not a new corporate action.

Likely market impact

No new action — this is a routine yearly compliance disclosure. Shareholders should note that 12.5 lakh Birla Cable shares held by VTL remain pledged with SBI; any invocation of this pledge in the future could be a risk signal, but nothing has changed from the prior year.