We are enclosing herewith the annual disclosure in terms of Regulation 31(4) of the SEBI ( Substantial Acquisition of Shares and Takeover) Regulation, 2011 as received from the Promoters/ ....
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Awaiting price reaction for this filing.
Indo City Infotech Ltd has submitted the annual disclosure under SEBI's Takeover Regulations for FY ended 31 March 2025, confirming that none of the promoters or promoter group members have created any encumbrance (pledge/lien) on their shareholdings. Declarations were filed by six promoter/promoter group entities: Aneel Jain (19,42,002 shares), Shashi Aneel Jain (19,13,537 shares), Aneel Jain HUF (13,33,363 shares), Ishu Jain (6,58,901 shares), Charmy Jain (21,780 shares), and Times Growth Securities Ltd (4,18,417 shares). Total promoter group holding disclosed stands at roughly 62.88 lakh equity shares. The filing is a routine regulatory compliance stating 'no encumbrance' as on 31 March 2025.
This is a routine compliance filing with no new material information; it signals that promoters have not pledged their shares, which is a neutral-to-slightly-positive indicator of confidence but unlikely to move the stock price.