25FPS Media Private Limited For & On behalf of Promoters of the Company 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.
Four promoter entities of Diligent Media Corporation Limited (DMCL) — 25FPS Media Pvt Ltd (32.22%), ARM Infra & Utilities Pvt Ltd (29.94%), Primat Infrapower & Multiventures Pvt Ltd (0.01%), and Sprit Infrapower & Multiventures Pvt Ltd (0.00%) — have filed their annual disclosure under SEBI Regulation 31(4) for FY 2024-25. Collectively, the promoter group holds 7,31,73,769 equity shares representing 62.17% of DMCL's paid-up share capital as on 31st March 2025. Each entity has confirmed that no new encumbrances (such as pledges or liens) have been created on their shares during the year, beyond those already disclosed earlier. This is a routine annual compliance filing mandated by SEBI takeover norms.
This is a routine regulatory compliance filing and not a new event. It simply confirms that promoters have not pledged or encumbered any additional shares in FY24-25. No material impact on share price or shareholder value is expected from this disclosure.