SAREGAMA INDIA 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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Saregama India Limited, part of the Promoter Group of CESC Limited, has filed a disclosure under Regulation 31(4) of the SEBI Takeover Regulations. Saregama declared that it holds NIL shares of CESC Limited as of 31st March 2025. It also confirmed that no encumbrance (pledge or similar charge) was created on any CESC shares during the financial year 2024-25. This is a routine annual compliance filing required from promoter group entities.
This is a routine nil disclosure with no material impact on CESC shareholders or stock price. It simply confirms one promoter group entity holds no shares and created no encumbrance during the year.