HMT 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.
HMT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HMT Limited has filed a declaration under SEBI SAST Regulation 31(4) confirming the President of India's shareholding position. As of 31 March 2025, the President of India holds 1,128,056,626 equity shares representing 93.69% of total shares. The filing includes a note about a reduction of 848,490,000 shares pending NCLT Bangalore approval. Critically, the declaration states that neither the President of India nor persons acting in concert have created any encumbrance (pledge) on their shareholding in HMT Limited during financial year 2025-26.
This is a positive confirmation for investors that the Government of India (majority shareholder at 93.69%) has not pledged its shares, indicating no immediate risk of forced selling or share release due to margin calls.