Rajesh Loomba 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.
ECOSMOBLTY · price
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On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Rajesh Loomba, a promoter of Ecos (India) Mobility & Hospitality, has submitted an annual declaration to BSE and NSE under SEBI Takeover Regulations. The declaration confirms that equity shares held by promoters, promoter group members, and persons acting in concert were not encumbered (pledged or otherwise charged) directly or indirectly during the financial year ended March 31, 2025. The filing lists promoter holdings, with Rajesh Loomba holding 1.97 crore shares and Aditya Loomba holding 1.53 crore shares, alongside 30 lakh shares each held by two family trusts and nominal holdings by other promoter group individuals. This is a routine annual compliance requirement under Regulation 31(4) of the SEBI Takeover Regulations.
Positive signal for shareholders — the promoters have not pledged their shares during the year, suggesting no financial stress or liquidity concerns at the promoter level. This compliance filing is unlikely to move the stock price but reassures investors about promoter financial health.