Balachandran Krishnan 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.
IRIS · price
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Balachandran Krishnan, a promoter of IRIS RegTech Solutions Limited, has filed a declaration under Regulation 31(4) of SEBI (SAST) Regulations, 2011. He holds 10,05,300 equity shares representing 4.89% of voting rights in the company. The disclosure confirms that he has NOT created any encumbrance (pledge) on his shares during the financial year 2025-26. This is a negative declaration (also known as 'nil' disclosure) filed periodically by promoters to confirm their shareholding remains free of any pledge or lien.
This is a routine compliance filing with no immediate impact on the stock. It provides transparency that a promoter holding nearly 5% of shares has not borrowed against his shares. The relatively small promoter holding (4.89%) may be noted by investors monitoring promoter commitment.