The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for N M Finance & Investments Consultancy Ltd
INDOTECH · price
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N M Finance & Investments Consultancy Ltd (not a promoter) has disclosed under SEBI Takeover Regulations that an additional 100,000 equity shares (0.94%) of Indo Tech Transformers were pledged to it on 6 August 2025. Before this transaction, it already held 650,000 encumbered shares (6.12%); after the fresh pledge, its total encumbered holding rises to 750,000 shares, representing 7.06% of the company's voting capital. No promoter or PAC status is attached to this entity, so this is essentially a financier/lender receiving additional shares as security. No actual equity was bought or sold in the open market.
Shareholders should note this is a pledge-based encumbrance, not a change in beneficial ownership or promoter holding. However, a growing pledge position by a non-promoter financier warrants monitoring—if the underlying loan is recalled or the pledge is invoked, those shares could change hands and may approach the 10% disclosure threshold.