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.
NIITLTD · price
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Awaiting price reaction for this filing.
Urvashi Pawar, a promoter/person acting in concert of NIIT Limited, has filed the annual disclosure required under SEBI's Takeover Regulations for FY 2024-25. In this filing, she confirms that she and any persons acting in concert with her have not created any encumbrance (such as pledge, lien, or charge) directly or indirectly on their shares of NIIT Limited during the financial year. This is a routine yearly compliance filing submitted to both BSE and NSE on April 1, 2025.
This is a neutral-to-slightly-positive routine compliance filing. It confirms that the promoter has not pledged or otherwise encumbered her shares during the year, which removes any short-term concern about share pledges being used as collateral.