Divgi Torqtransfer Systems 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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Promoter Jitendra Bhaskar Divgi, along with other promoters, promoter group, and persons acting in concert, has filed a declaration under SEBI's Takeover Regulations confirming that no encumbrance (pledge or similar charge) was created on their equity shares during the financial year ended March 31, 2025. As per the annexure, the total promoter and promoter group holding stands at 1,85,18,500 shares, representing 60.55% of the company. The largest entity is Divgi Holdings Private Limited with a 51.67% stake, while individual promoters and promoter group members hold smaller stakes ranging from 0.88% to 2.40%.
This is a routine compliance filing that reassures shareholders that promoters have not pledged or encumbered their shares during the year, indicating stability in promoter ownership. No negative impact on the stock is expected from this disclosure.