FEDERAL MOGUL VERMOGENSVERWALTUNGS-GMBH 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.
FMGOETZE · price
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The promoter of Federal-Mogul Goetze (India), Federal-Mogul Vermögensverwaltungs-GmbH, along with persons acting in concert (including Federal-Mogul Holdings Limited), has submitted a compliance declaration to the exchange. They confirm that no encumbrance — direct or indirect — such as a pledge, lien, or charge has been created over the company's shares during the financial year ended March 31, 2025. This is a routine annual disclosure required under SEBI's takeover regulations to assure the market that promoter holdings remain unencumbered.
This is a neutral-to-positive disclosure for shareholders. It confirms that the promoter's stake in the company is free of any pledges or charges, reducing concerns about a forced stake sale or margin call risk. No material impact on stock price is expected as no actual change in ownership or encumbrance has occurred.