R. Venkataraman 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.
IIFLCAPS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
R. Venkataraman, one of the promoters of IIFL Capital Services Limited, has filed an annual disclosure under SEBI Takeover Regulations confirming that the promoters, promoter group members, and persons acting in concert have not created any encumbrance (pledge, lien, or charge) on their shareholding in the company during the financial year ended March 31, 2025. The disclosure covers eight promoter and promoter group entities, including Nirmal Jain, Venkataraman Rajamani, Madhu N Jain, trustees of two family trusts, and two promoter group companies (Orpheus Trading Pvt Ltd and Ardent Impex Pvt Ltd). This is a routine annual compliance filing required under Regulation 31(4) to confirm that no encumbrances were created during the year.
This is a neutral, routine regulatory filing. No new pledges or encumbrances were created, which is mildly reassuring for shareholders as it indicates promoters have not used their shares as collateral for new borrowing. The disclosure does not provide information on any pre-existing encumbrances, so net pledge position remains unclear.