Heliotrope Real Estate Private 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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Awaiting price reaction for this filing.
Heliotrope Real Estate Pvt Ltd, classified as a promoter of RattanIndia Power, has filed its annual declaration under SEBI's Takeover Regulations for FY ending March 31, 2025. The company along with persons acting in concert (RattanIndia Enterprises Ltd and RR Infralands Pvt Ltd) confirms it has not created any new encumbrance (pledge or otherwise) on the shares of RattanIndia Power during the year. The existing encumbrance on 209,75,98,310 equity shares (face value Rs. 10) by the persons acting in concert stands as previously disclosed. This is a routine annual compliance filing.
This is a routine negative confirmation — no new pledges were created, which is mildly reassuring for shareholders. The large existing encumbered position (~209.76 crore shares) remains unchanged from prior disclosures.