Quest Capital Markets 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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Quest Capital Markets Limited, a shareholder of Digidrive Distributors Limited, has submitted a Regulation 31(4) disclosure to the stock exchanges. As of 31 March 2025, Quest Capital held 18,48,440 shares of Digidrive Distributors. The disclosure declares that no encumbrance (pledge, lien or similar charge) was created on these shares, directly or indirectly, during the financial year ended 31 March 2025. This is a routine annual compliance filing required from shareholders holding more than 25% of shares under SEBI's takeover regulations. There is no change in ownership or any pledge activity reported.
This is a routine compliance disclosure with no material impact on the stock price or shareholders. It confirms that a major shareholder has not pledged or encumbered its holdings, signalling stable ownership with no immediate liquidity pressure from this holder.