Data Patterns (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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Awaiting price reaction for this filing.
Two promoters of Data Patterns (India) — Chairman & MD Srinivasagopalan Rangarajan (holding 1,27,65,315 shares, 22.80%) and Whole-time Director Rekha Murthy Rangarajan (holding 1,06,49,948 shares, 19.02%) — have filed disclosures under SEBI's Regulation 31(4) & 31(5) for FY ended March 31, 2025. Both have declared that they, along with Persons Acting in Concert, have NOT created any encumbrance (pledge, lien, or charge) on their equity shares during FY2024-25, either directly or indirectly. Combined, the two promoters hold about 41.82% of the company, which is below the 50% mark.
This is a routine but reassuring regulatory disclosure — no promoter shares have been pledged or locked as collateral, which means no financial stress signals from promoters. However, with combined promoter holding at 41.82%, the company remains below the 50% threshold, leaving room for any future open-market creep-up acquisitions.