Harendra Singh (On behalf of Promoter & Promoter Group/ Persons Acting in Concert (PAC)) 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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Harendra Singh, representing the Promoter and Promoter Group of H.G. Infra Engineering, has filed the annual declaration under SEBI's Takeover Regulations for FY ending March 31, 2025. The promoter group holds 4,67,80,176 equity shares, which is 71.78% of the company, as on March 31, 2025. Importantly, the promoters have confirmed that no encumbrance (pledge, lien, or any other charge) was created directly or indirectly on their shares during the entire financial year. This is a routine annual compliance filing required from promoters who hold more than a certain threshold of shares.
This is a neutral-to-positive disclosure for shareholders. The fact that promoters did not pledge any of their 71.78% holding suggests they did not face liquidity pressure or margin calls during the year, indicating financial stability. It also means the promoter stake remains unencumbered and intact.