P R Venketrama Raja 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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P R Venketrama Raja, Chairman and Promoter of Ramco Systems, has filed a declaration under SEBI's Takeover Regulations confirming that neither he nor any member of the promoter group created any encumbrance (pledge, lien, or charge) on the company's shares during the financial year 2024-25. The disclosure lists around 16 promoter group entities, including Ramco Industries, The Ramco Cements, Rajapalayam Mills, and several family members. This is a routine annual compliance filing required by SEBI to disclose any encumbrances on promoter holdings.
This is a neutral compliance filing with no material impact on shareholders. It simply confirms that promoter holdings remain unencumbered, which is a positive signal for stability and reduces concerns about forced selling due to pledge-related risks.