KPIT Technologies 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.
KPITTECH · price
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Shrikrishna Patwardhan, a promoter of KPIT Technologies Limited, has submitted a declaration confirming that neither he nor any persons acting in concert (PAC) have created any new encumbrances (pledges) on the company's equity shares during the financial year ended March 31, 2026. This is a negative declaration filed as per SEBI (SAST) Regulations, 2011 requirements. The filing clarifies that any existing encumbrances would have been previously disclosed. The declaration was submitted to the Audit Committee, NSE, and BSE.
This is a routine compliance filing indicating no new share pledges by the promoter. The absence of new encumbrances is a positive signal for shareholders as it suggests the promoter has not leveraged their shares for additional borrowing, which could otherwise indicate financial stress or potential dilution risk.