Ramesh Kunhikannan 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.
KAYNES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Ramesh Kunhikannan has filed his annual declaration for FY ending March 31, 2025, confirming that he and persons acting in concert have not created any encumbrance, pledge, or lien on his 3,69,43,633 equity shares (57.71% holding) in Kaynes Technology. He further states that as of March 31, 2025, zero shares held by him are encumbered or pledged. This is a routine annual compliance filing required by SEBI's takeover regulations.
Positive for shareholders — the promoter's entire 57.71% stake is completely unencumbered, indicating no financial stress or margin pressure on the promoter and reducing any overhang risk related to potential forced share sales.