Digidrive Distributors 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.
CESC · price
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Awaiting price reaction for this filing.
Digidrive Distributors Limited, part of the RP-Sanjiv Goenka promoter group, has filed a routine annual disclosure under SEBI Takeover Regulations confirming it held 1,54,49,880 shares in CESC Limited as of March 31, 2025. The company stated that no encumbrance (pledge or lien) was created, directly or indirectly, on these shares during the financial year ended March 31, 2025. This is a standard yearly compliance filing required from promoter entities, not a change in ownership. Digidrive is a known promoter-linked entity within the CESC/RPSG group structure.
This is a routine compliance disclosure with no material impact on shareholders or the stock price. It reassures investors that the promoter group's holding in CESC remains unencumbered, which is mildly positive for shareholding stability but not a catalyst for price movement.