Rajiv Rattan 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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Rajiv Rattan, promoter of RattanIndia Enterprises, has filed an annual declaration under SEBI's Takeover Regulations confirming that neither he nor any person acting in concert created any new encumbrance (pledge or charge) on the company's shares during the financial year ended March 31, 2025. The filing notes that Laurel Energetics Private Limited, a person acting in concert, continues to hold 13,17,82,866 equity shares (face value Rs. 2 each) under encumbrance as on March 31, 2025, with no other promoter group entity having any encumbered shares. This is a routine annual compliance disclosure required from promoters.
This is a neutral, routine annual compliance filing and does not signal any change in promoter shareholding or new pledging activity. Shareholders can take comfort that no fresh encumbrances were created on promoter-held shares during the year, though a large existing pledge by Laurel Energetics remains in place.