Reliance Industrial Investments and Holdings Limited 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.
INFOMEDIA · price
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Reliance Industrial Investments and Holdings Limited, which belongs to the promoter group of Infomedia Press Limited, has filed a declaration with NSE and BSE under Regulation 31(4) of SEBI's Takeover Regulations. The declaration states that the promoter group entity has not created any encumbrance — such as a pledge, lien, or mortgage — on the shares of Infomedia Press, either directly or indirectly, at any time during the financial year 2024-25. This is a routine annual compliance filing required from promoter group members holding substantial stakes in listed companies. The filing was signed by the Company Secretary of Reliance Industrial Investments and Holdings Limited on April 8, 2025.
This is a routine regulatory disclosure with no material impact on the stock price. It reassures minority shareholders that the promoter group's holdings in Infomedia Press remain free of any encumbrances, indicating no immediate risk of forced share sales due to margin calls or loan defaults.