Amit Kumar Jain 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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Fino PayTech Limited, the promoter of Fino Payments Bank, has filed a declaration under SEBI's Takeover Regulations confirming that neither it nor any person acting in concert created any encumbrance (pledge, lien, or charge) on the bank's equity shares during FY 2024-25. The filing also clarifies that 12 equity shares of the bank are held by six individuals as nominees of the promoter company, with the beneficial interest resting entirely with Fino PayTech. The disclosure is a routine annual compliance requirement under Regulation 31(4).
This is a neutral, routine compliance filing. Shareholders can take comfort that the promoter has not pledged or encumbered any of its shares in the bank during the year, indicating no financial stress at the promoter level.