Tarique Ansari For and behalf of the Promoter Group of the Company has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
NEXTMEDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Tarique Ansari, on behalf of the promoter group of Next Mediaworks Limited, has submitted a declaration to NSE and BSE under SEBI Takeover Regulations. The disclosure states that neither he nor any member of the promoter and promoter group has created any encumbrances (such as pledges or liens) on their shareholding or voting rights in the company. The promoter group includes six entities, comprising four individuals and two private limited companies. The filing is dated 8th April 2025 and is a routine regulatory compliance submission confirming no new pledges or encumbrances have been made.
This is a routine compliance filing with no change in the promoter group's shareholding or encumbrance status. It carries no material impact on the stock price and is essentially a no-event confirmation required under SEBI takeover norms.