Sandeep Jain For & on behalf of the Hon'ble President of India 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.
CONCOR · price
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Awaiting price reaction for this filing.
The Government of India, acting through the Ministry of Railways, has filed its annual disclosure for FY 2024-25 under SEBI's Takeover Regulations. The promoter currently holds 33,38,84,975 equity shares, equivalent to a 54.80% stake in CONCOR. The disclosure confirms that the Government and its Persons Acting in Concert (PACs) have not created any encumbrance (pledge, lien, or charge) on these shares. As a result, the annual encumbrance disclosure is marked as 'Not Applicable'.
This is a routine compliance filing with no material impact on shareholders. It reassures investors that the promoter (Government of India) has not pledged or encumbered its majority stake, signaling no immediate risk of forced sale or margin pressure on promoter holdings.