Calleis Properties Private 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.
Awaiting price reaction for this filing.
Calleis Properties Private Limited, part of the Promoter Group of Indiabulls Enterprises, has filed its annual declaration under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The Promoter Group, along with Persons Acting in Concert, confirms that it has not created any encumbrance (pledge or charge) on shares of the company during financial year 2024-25. As on March 31, 2025, the Promoter Group holds 7,20,11,726 equity shares, representing 16.32% of the total paid-up equity share capital, and these shares are entirely free of any encumbrance. The same declaration has also been submitted to the Audit Committee of the company as required under Regulation 31(5)(b).
This is a routine but positive filing that confirms the Promoter Group's stake of 16.32% is completely unpledged, which removes a key risk factor for retail investors and signals financial stability of the promoters. No negative implications for the stock from this announcement.