Announced Mon, 15 Jun · 09:39 IST
Promoter L&T declares no encumbrance on 73.57% LTTS stake
Ownership Changes View source PDF
LTTS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.0%1-day move
₹3350.00
prior close
₹3412.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.5+0.3-0.1+3.0+3.1+1.8-0.5-0.4-1.0-3.7+4.6——
Up moveDown movePending
AI summary
Larsen & Toubro Limited, the promoter of L&T Technology Services (LTTS), has filed a declaration under SEBI Regulation 31(4) confirming it has not created any encumbrance (pledge, lien, or charge) on its 7,79,86,899 equity shares, representing 73.57% of LTTS's share capital. The filing is a routine annual compliance requirement for promoters holding more than 20% stake, assuring the market that the promoter's holding remains unencumbered.
Likely market impact
Reassuring for shareholders; confirms promoter L&T's 73.57% stake in LTTS is fully unencumbered with no pledging risk.