Bhanu Chopra 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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Awaiting price reaction for this filing.
RateGain Travel Technologies' promoter Bhanu Chopra has filed an annual declaration with NSE and BSE under SEBI's Substantial Acquisition of Shares and Takeovers Regulations for FY 2024-25. The promoter, promoter group, and persons acting in concert have confirmed that no new encumbrance (such as pledge or lien) was created on the company's equity shares during the year ended March 31, 2025, other than what was already disclosed. The promoter group collectively holds 5.68 crore shares, equal to 48.17% of the company's total share capital, with no change reported. Bhanu Chopra remains the largest shareholder at 37.68%, followed by Megha Chopra at 9.44% and Usha Chopra at 1.05%.
This is a routine yearly compliance filing and is neutral-to-positive for shareholders. It confirms promoter holdings are stable and no fresh pledges have been added, reducing any near-term concern of forced stake sales.