Renu Kanwar and Vandana Katoch 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.
NIITLTD · price
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NIIT Limited has submitted a regulatory filing on behalf of Renu Kanwar and Vandana Katoch, who are classified as persons acting in concert (likely promoters or promoter group members). Under SEBI's Regulation 31(4), they are required to declare annually whether they have created any encumbrance (such as a pledge or lien) on their shares in the company. Both individuals have confirmed that they, along with any persons acting in concert, have not created any encumbrance — direct or indirect — on their shares in NIIT Limited during the financial year 2024-25. This is a routine annual compliance filing required by SEBI takeover regulations, not a corporate action.
This is a routine compliance disclosure with no material impact on the stock. It simply confirms that these shareholders have not pledged or encumbered their NIIT shares during the year, indicating no hidden financial stress or leveraged positions from this group.