California Software Company 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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California Software Company Limited has submitted an annual disclosure to the stock exchanges under Regulation 31(4) of the SEBI Takeover Regulations. The declaration was made by Mr. Mahalingam Vasudevan, the Promoter and Managing Director of the company. He has confirmed that no new encumbrance (such as pledge or lien) has been created on his shares of the company during the financial year ending March 31, 2025, other than those already disclosed previously. This is a routine annual compliance filing required of promoters every financial year.
This is a routine regulatory compliance filing and does not indicate any change in the promoter's shareholding or any new financial obligation. Shareholders are unlikely to see any material impact on the stock price from this disclosure.