Urvashi Pawar 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.
Urvashi Pawar, a promoter of NIIT Learning Systems Limited, has submitted her annual declaration for FY 2024-25 under SEBI's Takeover Regulations. In the filing dated April 1, 2025, she confirms that she and persons acting in concert have NOT created any encumbrance (pledge, lien, or charge) on their shares in the company during the financial year 2024-25. This is a routine yearly compliance disclosure required from promoters, and in this case, the promoter is essentially confirming that her holdings remained fully unencumbered throughout the year.
This is a neutral to mildly positive disclosure for shareholders. It confirms that the promoter has not pledged her shares as collateral, indicating no immediate financial stress or liquidity concerns at the promoter level. It is a standard regulatory filing and is unlikely to cause any material movement in the stock price.