President of India, Govt. of india, Ministry of Tourism�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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Awaiting price reaction for this filing.
The Government of India, through the Ministry of Tourism, holds 7,46,41,681 shares in ITDC, representing 87.03% of the company's total share capital as of March 31, 2025. The disclosure confirms the promoter holds no warrants, convertible securities, or voting rights beyond the shares themselves. Importantly, the Ministry has declared that no encumbrance (pledge or similar charge) was created, directly or indirectly, on these shares during the financial year 2024-25. This is a routine annual filing required under SEBI's takeover regulations from any entity holding more than 25% of voting rights in a listed company.
No material impact on shareholders — this is a routine regulatory disclosure confirming the government's 87% promoter stake remains unchanged and unpledged, signalling continued state ownership stability for ITDC.