Sandeep Jain For & on behalf of the Hon'ble President of India 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.
RAILTEL · price
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Awaiting price reaction for this filing.
The Government of India, through the Ministry of Railways (the promoter of Railtel), has submitted its annual declaration under SEBI's Takeover Code Regulation 31(4). As on 31 March 2025, the promoter holds 23,37,85,038 equity shares (face value Rs. 10 each) in Railtel Corporation of India. The key disclosure is that the promoter has NOT created any encumbrance (pledge, lien, or charge) — directly or indirectly — on these shares during the entire financial year ended 31 March 2025. The filing was signed by Sandeep Jain, Executive Director (Civil & PSU), Railway Board, on behalf of the Hon'ble President of India.
This is a routine annual compliance filing with a neutral-to-slightly-positive read for shareholders — it confirms the promoter's entire stake in Railtel remains fully unencumbered, meaning no shares are pledged as collateral, which reduces governance and forced-sale risk.