Avinash Sethi 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.
INFOBEAN · price
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Awaiting price reaction for this filing.
Avinash Sethi, on behalf of himself and other promoters of InfoBeans Technologies, has submitted the annual declaration required under Regulation 31(4) of SEBI's Takeover Regulations for FY ending March 31, 2025. The promoters have confirmed that neither they nor persons acting in concert have created any encumbrance (such as pledge or lien) on their shares in the company during the financial year. This is a routine annual compliance filing with no transaction details or share movement disclosed. The company trades on NSE (SME segment) and BSE under the symbol INFOBEAN / Scrip Code 543644.
This is a neutral, routine compliance filing. It simply confirms that promoters have not pledged or otherwise encumbered their holdings, which is mildly reassuring for shareholders as it signals no hidden financial stress at the promoter level. No material impact on the stock is expected.