D Rajeshkumar 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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D. Rajeshkumar, on behalf of the promoter group of Salzer Electronics Limited, has submitted a declaration to the stock exchanges confirming that no new encumbrance (such as pledge or lien) has been created on the promoter group's shares during FY 2024-25. This is a routine annual disclosure required under SEBI takeover regulations. The declaration covers all promoter group entities, including D. Rajeshkumar personally. The filing is meant to assure the exchanges and investors that no undisclosed encumbrances exist.
This is a neutral, routine compliance filing. Shareholders can take comfort that the promoter group has not created any new undisclosed pledges or encumbrances on their holdings during the financial year, indicating no immediate liquidity stress from that quarter.