D. Vijayagopal Reddy 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.
ORIENTHOT · price
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Awaiting price reaction for this filing.
D. Vijayagopal Reddy, a promoter of Oriental Hotels Limited, has filed an annual declaration under Regulation 31(4) of the SEBI Takeover Regulations for FY2024-25. The declaration states that the promoter, along with other members of the promoter group and persons acting in concert, has not created any new encumbrance (pledge, lien, or similar charge) on the company's shares during the financial year. Any encumbrances already disclosed earlier in the year remain the only ones on record. This is a routine annual compliance filing required from promoters to assure the exchanges about share encumbrance activity.
This is a neutral, routine compliance filing. It reassures shareholders that promoters have not pledged additional shares as collateral during the year, which is generally seen as a stable sign — no fresh leverage burden has been placed on promoter holdings.