Nucleus Software Exports Limited 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.
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Nucleus Software Exports' promoters Vishnu R Dusad (Managing Director) and Yogesh Andlay have filed their annual declaration with NSE and BSE under SEBI's Takeover Regulations. The declaration confirms that the promoters and persons acting in concert have not created any encumbrance (such as pledge, lien, or charge) on their shares, directly or indirectly, during the financial year ended March 31, 2025. This is a routine yearly compliance filing required of all promoter groups.
This is a routine compliance disclosure with no change in the promoters' shareholding or pledge status. It signals that promoters' stakes remain unencumbered, which is neutral to mildly positive for shareholder confidence.