Reliance Industrial Investments and Holdings 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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Reliance Industrial Investments and Holdings Limited (RIIHL), a part of the promoter group of GTPL Hathway Limited, has filed a declaration under Regulation 31(4) of SEBI Takeover Regulations, 2011. The declaration confirms that RIIHL has not created any encumbrance (such as a pledge or lien) on shares of GTPL Hathway, directly or indirectly, at any time during the financial year 2024-25. This is a routine annual compliance filing required from promoter group entities. The declaration covers the entire fiscal year ending March 2025.
This is a neutral to mildly positive disclosure for shareholders, as it confirms that the promoter group's shares in GTPL Hathway remain unencumbered, reducing concerns about potential forced selling or pledge-related risks. Investors should note this is a compliance statement rather than a corporate action.