Arvind Thakur 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.
NIITMTS · price
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Awaiting price reaction for this filing.
Arvind Thakur, a promoter of NIIT Learning Systems Limited, has submitted a declaration to NSE and BSE as required under Regulation 31(4) of the SEBI Takeover Regulations, 2011. In it, he confirms that he and any persons acting in concert with him have not created any encumbrance (such as a pledge, lien, or charge) on their shares in NIIT Learning Systems during the financial year 2024-25. The declaration is signed from Faridabad and dated April 1, 2025.
This is a routine annual compliance filing and is neutral for shareholders. The fact that no shares have been pledged signals there is no current margin or liquidity pressure on the promoter's holdings.