Composure Services 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.
DIGIDRIVE · price
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Awaiting price reaction for this filing.
Composure Services Private Limited, part of the promoter group of Digidrive Distributors Limited, has filed a yearly declaration with the stock exchanges under SEBI's Takeover Regulations. The filing confirms that as on 31 March 2025, Composure Services held 2,08,37,428 shares (approximately 2.08 crore shares) of Digidrive Distributors. Importantly, the company has declared that it has not created any encumbrance — meaning no pledging, lien or charge — on these shares, directly or indirectly, during the entire financial year ended 31 March 2025. This is a routine annual compliance filing required from shareholders holding more than 25% of a company's shares.
This is a neutral, routine compliance filing. It reassures investors that the promoter group's shares are not pledged or encumbered, which means there is no near-term risk of forced selling or margin call pressure on the stock.