HFCL 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.
EXICOM · price
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Awaiting price reaction for this filing.
HFCL Limited, a member of the promoter group of Exicom Tele-Systems, filed its annual disclosure under Regulation 31(4) of the SEBI Takeover Regulations for FY25. As on March 31, 2025, HFCL held 7,562,676 equity shares of Exicom, representing 6.26% of the company's total paid-up share capital. Importantly, HFCL affirmed that it did not create any encumbrance (pledge or otherwise) on Exicom shares during the financial year. This is a routine yearly compliance filing and does not indicate any change in ownership or new pledges.
No material impact on shareholders — this is a routine annual compliance disclosure. The confirmation that no new encumbrances were created is mildly reassuring, indicating no fresh pledging activity by this promoter group member during the year.