The Oriental Insurance Company 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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The Oriental Insurance Company Limited, a shareholder of GIC Housing Finance Limited, has submitted a declaration under SEBI's takeover regulations for the financial year ended 31st March 2025. Oriental Insurance holds 29,75,024 (approximately 29.75 lakh) equity shares of GIC Housing Finance. The company confirmed that it, along with persons acting in concert, has not created any new encumbrance (pledge, charge, or lien) on its shares during the financial year, other than what was already disclosed earlier. This is a routine annual compliance filing required from significant shareholders.
This is a routine regulatory disclosure and has no material impact on GIC Housing Finance's stock price or shareholder value. It simply confirms that Oriental Insurance has not pledged or encumbered any additional shares beyond what was already on record.