The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for NM Finance & Investment Consultancy Ltd
INDOTECH · price
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NM Finance & Investment Consultancy Ltd (NMFICL), a non-promoter entity acting as a lender, has released 7,50,000 shares of Indo Tech Transformers Ltd that were previously pledged in its favour. This represents 7.06% of the company's total share capital (total equity capital is 1,06,20,000 shares of Rs. 10 each). After the release on 20 November 2025, NMFICL holds 0% encumbered shares in the company. NMFICL clarified it is not part of the promoter or promoter group of Indo Tech Transformers.
This is a positive signal as it indicates the borrower (whose shares were pledged) has fulfilled their obligation and regained clear ownership of 7.06% stake. The released shares are now free from encumbrance and may return to the original borrower's unencumbered holdings, potentially increasing supply flexibility in the market.