Shamit Bhartia 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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Shamit Bhartia, a promoter of HT Media Limited, has filed his annual disclosure under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011 with both BSE (scrip code 532662) and NSE (symbol HTMEDIA). In the filing dated 4th April 2025, he has declared that he did not create any encumbrance, directly or indirectly, on equity shares of HT Media Limited during the financial year ended 31st March 2025. Encumbrance includes pledging of shares, liens, or any other form of collateral creation. This is a routine yearly compliance requirement for promoters of listed companies in India.
This is a routine regulatory compliance filing with no material impact on the stock price. It reassures shareholders that the promoter has not pledged or otherwise encumbered his shares with any lender during FY25, which is a neutral-to-marginally positive signal on governance and promoter holding stability.