Honda India Power Products 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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Honda India Power Products Limited has submitted a compliance disclosure to the stock exchanges on behalf of its promoter, Honda Motor Co. Ltd., Japan. Under Regulation 31(4) of the SEBI Takeover Regulations, the promoter has confirmed that during the financial year 2024-25, it has not created any encumbrance (such as a pledge or lien) on the shares it holds, directly or indirectly, in the company. This is a mandatory annual declaration required from promoters. The filing is dated April 3, 2025, and is addressed to BSE, NSE, and the company's Audit Committee.
This is a routine, neutral compliance filing. Since no encumbrance has been created, there is no negative signal for shareholders regarding promoter share pledging or potential stake sale pressure.