Jarul Infrastructure 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.
RTNPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jarul Infrastructure Private Limited, a promoter of RattanIndia Power, has filed a mandatory annual disclosure under SEBI Takeover Regulations for FY ended March 31, 2025. The promoter and persons acting in concert have confirmed that no new encumbrance (pledge or similar) was created on the company's shares during the year. Existing encumbrance held by persons acting in concert — RattanIndia Enterprises Limited and RR Infralands Pvt Ltd — stands at 209.76 crore equity shares of face value Rs. 10 each, representing an encumbered value of about Rs. 2,097.6 crore.
This is largely a routine annual compliance filing. The positive takeaway for shareholders is that promoters have not added any new pledges on their holdings during the year, suggesting no fresh liquidity stress at the promoter level. However, the existing encumbrance remains very large and shareholders should monitor any future disclosures on this front.