IndoStar Capital 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.
INDOSTAR · price
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IndoStar Capital, the promoter of IndoStar Capital Finance Limited, has submitted a declaration to the stock exchanges confirming that neither it nor any persons acting in concert have created any encumbrance (pledge) on the company's shares during the financial year 2025-26 (ending March 31, 2026). This filing is a mandatory compliance requirement under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations. The declaration is signed by Hema Pydegadu, Director, and copies were sent to both BSE and NSE.
The absence of promoter share encumbrances is a positive signal for minority shareholders, as it reduces the risk of forced share sales that could dilute or depress the stock price.