Dr. Devi Prasad Shetty 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.
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Awaiting price reaction for this filing.
Dr. Devi Prasad Shetty, promoter of Narayana Hrudayalaya Limited, has filed an annual declaration under SEBI Takeover Regulations confirming that he, along with other promoters and persons acting in concert, did not create any encumbrance (pledge, lien, or charge) on the company's shares during the financial year ended March 31, 2025. This is a routine annual compliance filing required from promoters. The declaration covers both direct and indirect shareholdings of the promoter group.
This is a neutral-to-mildly positive disclosure — it reassures shareholders that the promoter has not pledged any shares, meaning no risk of forced sale or margin call pressure on the stock from the promoter side.