Network18 Media & Investments Ltd 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.
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Network18 Media & Investments, on behalf of all promoter entities of Infomedia Press Limited, has submitted a yearly compliance declaration to the exchanges. The declaration confirms that during financial year 2024-25, neither Network18 nor any of the other nine promoter entities (including Reliance Industries, Independent Media Trust, and several RB group entities) created any encumbrance — meaning no pledge, lien, or similar charge — on the shares of Infomedia Press that they hold. This is a routine annual filing required under SEBI's takeover rules to keep the exchange informed about the unencumbered status of promoter-held shares.
This is a neutral, routine compliance filing. It reassures shareholders that promoter-owned shares in Infomedia Press are free of any pledges or encumbrances as of FY25, with no risk of forced selling from a promoter pledge invocation.