Authum Investment & Infrastructure 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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Authum Investment & Infrastructure Limited, the promoter of Prataap Snacks, has filed a disclosure under Regulation 31(4) of the SEBI Takeover Regulations with the exchanges. In the letter dated April 7, 2025, the promoter has declared that neither it nor any person acting in concert created any encumbrance (pledge, lien, or charge) on their shares, directly or indirectly, during the financial year ended March 31, 2025. The disclosure also confirms that Authum continues to hold 1,02,48,709 shares in Prataap Snacks, representing 42.33% of the company's total share/voting capital as of March 31, 2025. This is a routine annual compliance filing by the promoter.
This is a neutral, routine compliance filing – no new financial action is being taken. Shareholders can take comfort that the promoter has not pledged or encumbered any of its 42.33% stake during the year, signalling no immediate liquidity stress at the promoter level.