C.V.Subramanyam 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.
Awaiting price reaction for this filing.
Promoter C.V. Subramanyam has filed an annual disclosure with NSE and BSE confirming that no encumbrance (such as pledge or lien) was created on shares held by him or other promoter group members during the financial year ended 31 March 2025. The disclosure covers the promoter group consisting of C.V. Subramanyam, C. Srikanth, and C. Rajeshwari, along with their PAN details. This is a routine yearly compliance filing required under SEBI's takeover regulations for persons holding more than 1% shares or belonging to the promoter group.
This is a neutral, routine compliance filing with no material impact on the stock. It simply confirms that promoters have not pledged or encumbered their shares during the year, which is mildly reassuring for shareholders.